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The Texas House Committee is going through a bitcoin reserve bill to vote on the full floor


A committee from Texas has passed a draft law supported by Republicans to create the Bitcoin Reserve, which now needs a fully successful vote before heading to the ruler’s office.

The Texas Committee in the House of Representatives to hand over government competence passed the Senate Law 21 with no amendments on May 7 on 9-4 vote Along the party lines. The bill is already The Senate passed in TexasOn 25-5 votes on March 6.

SB 21 will establish the Bitcoin Stretch Strategic TEXAS “, which is controlled by the state observer – currently Glenn Hegar – which will be allowed to invest in digital assets that have received the maximum market of at least $ 500 billion over the past twelve months, which will currently include Bitcoin (BTC).

source: Pierre Rohard

Republican Senator Charles Chounerner initially presented SB 21 In January only the Bitcoin.

However, the Bell has been repacting To include the inclusion of other digital assets in February.

Founder of Bitcoin Laws Julian Fahr He said On X the fate of SB 21 must be determined before June 2, when the Legislative Board of Texas is postponed.

If the bill sees a successful vote on the full floor, he will go to the office of the Governor Greg Abbott. Father Express His desire to make Texas “the capital of encryption” in the United States in November and acceptable Bitcoin donations as part of his campaign in 2014

The draft draft bitcoin law in the law has now signed

The Texas vote comes on the same day as the ruler of Arizona Katie Hobbes A draft law on law signed This allowed the state to maintain the non -demanded encryption and create a Bitcoin backup and Digital Asset, which will not use the taxpayer or state funds.

The state can also share abandoned encryption to earn bonuses or Received JeropsWhich can then be deposited in the encryption box.

Related to: The Swedish MP proposes bitcoin reserves to the Minister of Finance

The Governor of New Hampshere Kelly Ayot also signed Home Law Bill 302 in Law Days before May 6, allowing the Ministry of the State to use money to invest in encrypted currencies with the maximum market for more than $ 500 billion.

Florida, however, Remove two bitcoin bills On May 3 – on the day the state lawmakers approved 230 laws ranging from preventing fluoride in water, protecting government gardens, and prohibiting smart phones in schools.

magazine: Adam Pak says the bitcoin price is “10x larger”, it has “sympathy” for ETF buyers