Phyrex
Phyrex|Jun 25, 2025 06:55
In the past week, although the focus has been on geopolitical conflicts, it has not affected Texas Governor Greg Abbott from signing the Bitcoin Reserve Act SB 21 into law. And the bill in Texas is completely different from the other two states, and it is also the most helpful for investor sentiment. Texas will allocate $10 million to purchase BTC as initial funding for the reserve fund, and also establish an independent management structure and advisory committee, emphasizing transparency and legal protection. In contrast, although Arizona and New Hampshire have also passed relevant legislation, their measures in terms of funding, management structure, and transparency are relatively limited. However, there is also a drawback, that is, Texas has only approved a purchase amount of $10 million and has not introduced any additional legislation. If they want to continue adding after the $10 million purchase is completed, they will need to go through new legislation. Although it is not perfect, it is a historic progress. The United States is no longer just interested in cryptocurrency by the president, and strategic reserves are also being established in various states, which is likely the main reason why most investors are unwilling to leave. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
+4
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads