Texas is galloping towards its bitcoin reserve, as MPs voted for An Mass in favor of the bill. The bill for the establishment of a strategic bitcoin reserve will now proceed to third reading, in which the pundits will predict smooth sailing.
Texas strategic bitcoin reserve reaches third reading after one -sided vote
Texas MPs have indicated a clear intentions for the loan star state to pass a strategic bitcoin reserve in the law. As X post By Scott Malkar, the bill for the Texas Strategic Bitcoin Reserve has passed the second reading in a decisive house vote.
The results of the voting during the second reading of the bill indicated a large -scale bipartisan support for the bill. A close look at the Bill’s word, reveals a plan to establish a state-managed bitcoin reserve, managed by the Texas Controller of public accounts.
Dennis Porter, CEO of Satoshiactfund, revealed in an X post that the third reading for the bitcoin reserve bill would take place the next day. If everything happens according to the plan, the bill will proceed to the Governor’s desk for final consent and signed in the law.
Texas is an angle to join the growing list of American states, signed a strategic bitcoin reserve bill in the law. Arizona and New Hampshire have signed the bill for A Strategic bitcoin lawMore US states are keen to join the train.
Back in March, US President Donald Trump signed an executive order for a national bitcoin reserve, triggering a gold rush among the states to establish his version.
Interest in state -backed bitcoin holdings increases to a frenzied level
After Trump signed Bitcoin Reserve in the law, interest in Prasad reached the neglect level. Utah, Oklahoma, and Kentki are moving forward with their versions of the bill to join the initial-muvers of the industry.
A Ukrainian legalist has unveiled plans to introduce one Strategic bitcoin reserved billTo be the first in the European Union. However, the move has gained the support of Benance, the exchange has designed to be a strategic partner for Ukraine’s bitcoin ambitions.
In addition, there are plans to launch near Connor McGregor Irish strategic bitcoin reserve For European country. As a result, the East-UFC Champion has held a meeting with Al Salvador President Naib Bucle for a nationwide bitcoin accumulation scheme.
Between state-supported interest in bitcoin reserves, the property price has increased to $ 106,000, which targets an all-time high.
Aliu pokima
Aliyu Pokima is a journalist of an experienced cryptocurrency and emerging technologies with a neck to cover the needle-moving stories in space. Aliyu distributes news stories, regulatory updates and practical analysis with depth and accuracy. When he is not working on the chart or on the following lead, Aliu enjoys playing bass guitar, lifting weight and running a marathon.
Disclaimer: The material presented may include the author’s personal opinion and is subject to the market status. Do your market research before investing in cryptocurrency. The author or publication does not have any responsibility for your personal financial loss.
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