Texas Bitcoin Reserve Bill Passes Second Reading – Is Final Approval Likely?

SB 21, Texas attempt to create a state-level Bitcoin Reserve, passed its second House reading with overwhelming support. It will require one more vote and Governor Abbott’s signature to become law. This bill has taken components from other successful efforts, such as New Hampshire’s mechanism to add new tokens into the Reserve. Currently, Texas would permit altcoins that maintain a $500 billion market cap for two entire years source: https://beincrypto.com/texas-almost-passes-bitcoin-reserve-bill/