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The Texas House has passed a Bitcoin reserve bill, awaiting the governor's signature.
Gate News bot message, the Texas House of Representatives passed the third reading of SB 21 with a vote of 101 in favor and 42 against. The bill proposes the establishment of a “Texas Strategic Bitcoin Reserve” as a special fund managed by the state auditor. According to the bill, the fund will invest in encryption assets with a market capitalization of no less than $500 billion. Currently, the bill has been submitted to the governor’s office for signature.
Source: Wu Says
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