Texas governor Greg Abbott has signed support for a bill recently passed by the State House of Representative to establish a strategic cryptocurrency reserve.
In a post of 22 May X, Abbott Na -Post An article in techstory about the efforts of the State of Texas State Create a Bitcoin (Btc) Reserve. The story points out that the decision for the passage of SB 21, the bill in question, now depends on Abbott’s shoulders, almost three months after it was introduced.
Ever since the office, Abbott specified to himself as a “supporter of the Crypto bill” in 2021 and suggested that he will support the rules to establish Texas as a “crypto capital” in 2024. Texas is one of a number of state -level governments that The suggested setting up a strategic crypto reserve After the 2024 federal election.
https://www.youtube.com/watch?v=KQZhvt77xkw
Related: Ukraine’s strategic bitcoin reserve bill has been reported in the final stages
On May 6, New Hampshire Governor Kelly Ayotte was the first Sign a Bitcoin Reserve Bill In law. Arizona governor Katie Hobbs later A law has been approved Allows the State to claim the owner of unspoken crypto. Some jurisdictions revise efforts to pass a similar law, with about half of 50 state governments considering a bitcoin reserve.
The new administration working to have the US Hodl government
At the federal level, President Donald Trump Signed an Executive Order . that -reintroduced a few days After Trump’s EO.
On March 11, the bill was referred to the Senate Banking Committee, and it was unclear whether or when the Chamber would consider a vote. The Senate is likely to first advance to debate on a bill to repair payment stablecoins, the Genius Act, along with some lawmakers Awaiting a vote On the Day of Remembering, May 26.
Magazine: Adam said back
