House Bill 1598, introduced by Texas Representative Giovanni Capriglione on Dec. 12, outlines a plan to establish a Bitcoin reserve within the state treasury. The bill, titled the Texas Strategic Bitcoin Reserve Act, details the state comptroller’s responsibilities for managing Bitcoin as a financial asset, including provisions for secure storage and a long-term holding strategy. […]
source: https://www.cryptoglobe.com/latest/2024/12/bitcoin-in-state-treasury-texas-representative-proposes-strategic-reserve/