Texas could become the first U.S. state to create an official Bitcoin reserve. Lieutenant Governor Dan Patrick included this project in the legislative priorities for 2025. According to the plan, the state will begin accepting Bitcoin for tax and fee payments, which will help form a strategic reserve. With annual tax revenues exceeding $250 billion, Texas has significant potential for this. The initiative is also supported by other states, such as Arizona, and reflects the growing political support for cryptocurrencies in the U.S.
1/30/2025 3:18:47 PM (GMT+1)
Texas could become the first U.S. state to create an official Bitcoin reserve, allowing Bitcoin to be accepted for tax and fee payments in order to form a strategic reserve 💸
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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