Breaking: Texas Strategic Bitcoin Reserve Bill Advances To Third Reading – Crypto News

Texas is galloping toward its own Bitcoin Reserve after lawmakers voted en masse in favor of the bill. The bill for the establishment of a Strategic Bitcoin Reserve will now advance to third reading, with pundits predicting smooth sailing. Texas Strategic Bitcoin Reserve Reaches Third Reading After One-Sided Vote Texas lawmakers have signaled a clear intent to pass a Strategic Bitcoin Reserve into law for the Lone Star State. According to an X post by Scott Melker, the bill for a Texas Strategic Bitcoin Reserve has passed second reading in a decisive House vote. The voting results during the second reading of the bill indicated a massive bipartisan support for the bill. A close look at the wording of the bill reveals a plan to set up a state-managed bitcoin reserve, managed by the Texas Comptroller of Public Accounts. SatoshiActFund CEO Dennis Porter revealed in an X post that the… Read More at Coingape.com

The post Breaking: Texas Strategic Bitcoin Reserve Bill Advances To Third Reading appeared first on CoinGape.