The Texas bill SB 21, approved by the Senate with a vote of 25-5, creates a strategic reserve of Bitcoin, which will strengthen the state's financial stability. Supporters of the initiative argue that Bitcoin will help protect against inflation and economic shocks. The bill has been supported by key figures, including Pierre Rochard from Riot Platforms. If passed, Texas will become the first state to officially include Bitcoin in its financial strategy, which could influence other regions of the country.
3/8/2025 7:03:10 AM (GMT+1)
Texas has approved the creation of a strategic Bitcoin reserve for the state: the SB 21 bill passed through the Senate and will now be reviewed by the House of Representatives
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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