A Texas state rep is under fire after blowing the deadline to report a major Bitcoin investment, and people aren’t letting it slide. The late disclosure has sparked real concern, especially with Texas trying to brand itself as a serious player in the crypto scene. With the state leaning hard
In a landmark move for state-level cryptocurrency adoption, the Texas House of Representatives on Tuesday advanced Senate Bill 21, aimed at establishing a state-managed Bitcoin reserve. The bill passed its second reading with a strong 105-23 vote, gaining bipartisan backing and edging closer to becoming law. The proposed legislation Texas
The policymakers of Texas are planning to bring digital currency to the citizens of America by positioning crypto ATMs in federal buildings. A Republican representative of Texas, Lance Gooden, wrote a letter to Stephen Ehikian, acting administrator of the General Services Administration, on May 1, and requested the urgency to
Texas is a leading force in the race to integrate cryptocurrency into U.S. state-level financial strategy. The Texas Senate recently approved SB 21, a bill allowing the state to allocate public funds to Bitcoin and other digital assets. This move follows President Donald Trump’s initiative to establish a strategic crypto
Texas lawmakers make a ground-breaking move trying to establish itself as the first state to introduce a Strategic Bitcoin Reserve. The lawmakers of Lone Star state (Texas) have refiled a strategic Bitcoin reserve bill. The refiling of the bill is under a distinct name aiming to create investment opportunities in
Texas is taking a bold step in digital asset adoption, with Lieutenant Governor Dan Patrick announcing that the establishment of a Texas Bitcoin Reserve is one of the state’s top legislative priorities for 2025. Senate Bill 21, which Patrick has placed at the forefront of the 89th regular legislative session,
Texas Senator Charles Schwertner has announced the submission of Bill SB 778, proposing the establishment of the first state-level Bitcoin strategic reserve in the United States. If passed, this legislation could position Texas at the forefront of the digital economy, fostering economic growth and enhancing financial freedom. The bill likely
In a recent post on X, Consensys announced it had filed a lawsuit against the SEC in April 2024 to safeguard the Ethereum ecosystem. The Texas court dismissed the lawsuit on procedural grounds without addressing the substance of the claims against the SEC. Prompting Consensys to express concern over the
One more catastrophe occurred in the highly volatile cryptocurrency market. In a dramatic turn of events, crypto trading platform Abra and its CEO, William (Bill) Barhydt, are facing allegations of securities fraud as the Texas State Securities Board filed an emergency cease and desist order against the company. The regulator
Bitcoiners were elated by the recent breaking news that emerged in Texas. The “Don’t Mess With Texas Innovation” campaign achieved triumph as it successfully defeated Senate Bill 1751. The Texas Blockchain Council, the Satoshi Action Fund, and the Chamber of Digital Commerce led the campaign. It was launched in response
