Texas could become the first state to have a strategic Bitcoin (BTC) reserve following the passage of a new bill that allows it to invest in and manage crypto assets. On Thursday, the Texas Senate voted 25-5 to pass Senate Bill 21, or the Texas Strategic Bitcoin Reserve and Investment Act. The legislation seeks to […]
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New documents reveal that a Montana bill to use Bitcoin (BTC) as a reserve asset is heading toward the state’s House of Representatives for a vote. According to legislative tracking service LegiScan, Montana House Bill 429 – which would allow the state to invest in precious metals and digital assets – has passed a Committee […]
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The Texas Senate will convene a public hearing tomorrow to discuss the establishment of a Strategic Bitcoin (BTC) reserve. The initiative, authored by Republican Texas state Senator Charles Schwertner, aims to diversify the state’s cash reserves by incorporating Bitcoin holdings. The proposed legislation would authorize the state comptroller to invest in cryptocurrencies, provided they meet […]
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Texas aims to lead the digital revolution with a groundbreaking “Strategic Bitcoin Reserve Act,” securing economic resilience and innovation through state-managed bitcoin integration. Texas Proposes Strategic Bitcoin Reserve to Revolutionize State Finances Texas State Senator Charles Schwertner has introduced Senate Bill 778, known as the “Texas Strategic Bitcoin Reserve Act,” to establish a state-managed bitcoin […]
If passed and signed into law, “it would make Texas the first state to establish a strategic Bitcoin reserve,” says Senator Charles Schwertner.
Texas state Senator Charles Schwertner has introduced a bill in the new legislative session to establish a strategic Bitcoin reserve in the Lone Star State.
“It’s time for Texas to lead the way in establishing a Strategic Bitcoin Reserve,” the Republican politician and physician said while announcing the Senate Bill (SB 778) on X on Jan. 16.
“If passed and signed into law, [it] would make Texas the first state in the nation to establish a Strategic Bitcoin Reserve,” he said before adding, “This would position our state at the forefront of the digital economy, driving growth and securing economic freedom for our great state.”
In an interview with Cointelegraph, US Senator Ted Cruz discusses Bitcoin’s role in driving small business growth, its potential as a hedge against inflation, and why Texas is becoming a top crypto hub.
In an exclusive interview with Cointelegraph, US Senator Ted Cruz shared his vision for Bitcoin, the broader crypto industry, and the future of his home state of Texas.
As a self-proclaimed Bitcoin (BTC) miner, Cruz emphasized the potential of BTC to empower small businesses, drive innovation and serve as a hedge against inflation.
Despite his optimism for the future of BTC and crypto mining, Cruz warned against hasty government regulations, stressing the need for Congress to better understand before overreaching with regulatory actions.
A member of the Texas House of Representatives just proposed a new legislation that will enable the Lone Star State to establish a strategic Bitcoin (BTC) reserve within its treasury. Republican state Representative Giovanni Capriglione filed the Texas Strategic Bitcoin Reserve Act on Thursday. The bill says the strategic Bitcoin reserve aligns with the state’s […]
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On Thursday, Dec. 12, Texas Representative Giovanni Capriglione introduced a bill to establish a bitcoin reserve as a financial asset within the state treasury, marking a significant step toward incorporating cryptocurrency into public financial management. Giovanni Capriglione Introduces Bill for State Bitcoin Reserve The legislation, titled the Texas Strategic Bitcoin Reserve Act, outlines the creation […]
More than 18 million registered voters in the Lone Star State will decide whether to replace Senator Ted Cruz with Representative Colin Allred starting in 2025.
A political action committee (PAC) backed by cryptocurrency mining executives has launched two ad spots for Republican candidates as early voting continues in the United States for the November election.
In an Oct. 21 X post, the Bitcoin Voter PAC said it was responsible for an ad supporting Texas Senator Ted Cruz as residents of the state began early voting. The ad spot claimed Cruz understood “embracing Bitcoin” without explicitly mentioning any of his opponent Colin Allred’s policies.
Executives from crypto mining firms Marathon Digital Holdings, CleanSpark, and Riot Platforms form the board members of the Bitcoin Voter Project, an advocacy group launched in June to identify potential voters and influence crucial elections. According to Federal Election Commission records as of Sept. 30, the organization’s PAC had filed no contributions or expenditures in the 2024 election.
Cryptocurrency is becoming more accessible across the U.S. with the expansion of digital currency kiosks to 45 new locations in the Southwest and Midwest. Yesway, a fast-growing convenience store chain, is partnering with Coinflip to bring crypto ATMs to its customers, offering a seamless and secure way to buy and sell bitcoin and other digital […]