Texas Moves Closer to Creating Its Own Bitcoin Reserve Fund

The Texas House of Representatives has advanced Senate Bill 21 with a 101-42 vote on its third reading, bringing the state one step closer to creating an official Bitcoin reserve. If signed into law, the measure would authorize the Texas comptroller to oversee the reserve. The proposed legislation aiming to create a strategic Bitcoin reserve in Texas is now headed to Governor Greg Abbott’s desk, where he will decide whether to sign it into law or issue a veto. If signed into law, SB 21 would authorize Texas Comptroller Glenn Hegar to invest in cryptocurrencies that have maintained a market The post Texas Moves Closer to Creating Its Own Bitcoin Reserve Fund first appeared on The Shib Daily source: https://news.shib.io/2025/05/22/texas-moves-closer-to-creating-its-own-bitcoin-reserve-fund/?utm_source=rss&utm_medium=rss&utm_campaign=texas-moves-closer-to-creating-its-own-bitcoin-reserve-fund