The SB 21 bill in Texas, proposed by Senator Charles Schwertner, aims to create a Strategic Bitcoin Reserve. It will allow the state to invest in Bitcoin and other cryptocurrencies with a market capitalization of more than 500 billion dollars. The goal is to enhance financial security and economic stability in the region. The bill provides the ability to manage cryptocurrency assets and use them as a strategic resource. This initiative is supported by Texas authorities as a priority, emphasizing its significance for the state's future financial development.
2/14/2025 7:45:46 AM (GMT+1)
Texas has proposed a bill to create a Strategic Bitcoin Reserve, which will allow investment in cryptocurrencies to strengthen the state's financial security
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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