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Texas Lt. Governor announces ‘Bitcoin Reserve’ as priority bill for 2025

Texas Lt. Governor announces ‘Bitcoin Reserve’ as priority bill for 2025

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Source: Coin Telegraph

Texas Lieutenant Governor Dan Patrick revealed that establishing a Bitcoin reserve in the state will be among 2025’s legislative priorities.

Texas Lieutenant Governor Dan Patrick announced the state’s 2025 legislative priorities on Jan. 29, and they included a proposal to establish a Texas Bitcoin Reserve.

Texas joins at least five other states in the US where legislatures are working on establishing Bitcoin (BTC) or crypto reserves, including Arizona and Utah, where strategic reserve bills have advanced out of committee.

Two public officials in Texas have introduced legislation to create a Bitcoin reserve in the Lone Star State. The most recent effort came from state Senator Charles Schwertner on Jan. 16. He noted on X that a Texas Bitcoin reserve “would position [the] state at the forefront of the digital economy, driving growth and securing economic freedom for our great state.”

Source: Charles Schwertner

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Author: Christopher Tepedino