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Texas Charts a New Frontier: Cryptocurrency as State Asset

Texas Charts a New Frontier: Cryptocurrency as State Asset

2025-03-07
Texas embraces digital innovation with Senate Bill 21, proposing a state-run Bitcoin Reserve to transform its fiscal landscape. The initiative, led by State Sen. Charles Schwertner, aims to expand state assets beyond traditional currency to include Bitcoin. Proponents believe Bitcoin, compared to gold, will hedge against inflation and economic fluctuations. The proposal signifies Texas’s ambition to lead in the digital

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Texas Charts a New Frontier: Cryptocurrency as State Asset

Texas Charts a New Frontier: Cryptocurrency as State Asset

2025-03-07
Texas embraces digital innovation with Senate Bill 21, proposing a state-run Bitcoin Reserve to transform its fiscal landscape. The initiative, led by State Sen. Charles Schwertner, aims to expand state assets beyond traditional currency to include Bitcoin. Proponents believe Bitcoin, compared to gold, will hedge against inflation and economic fluctuations. The proposal signifies Texas’s ambition to lead in the digital