LogoBlack
ENarrow-down
  • JP
  • EN
Crypto

Texas House Passes Bitcoin Reserve Fund Bill SB21, Awaiting Further Senate Approval

2025/05/22 11:55
CoinPost
Written by L.Kikutani
SHARE
  • sns-x-icon
  • sns-facebook-icon
  • sns-line-icon
Texas House Passes Bitcoin Reserve Fund Bill SB21, Awaiting Further Senate Approval

If Signed, Investment Could Scale to Tens of Millions of Dollars

On the 22nd, the Texas State House overwhelmingly passed Senate Bill 21 (SB21), which authorizes the establishment of a Bitcoin (BTC) reserve fund by the state government. However, to incorporate amendments approved by the House, the bill requires re-approval by the Senate. Once signed by Governor Greg Abbott, the bill is expected to pass, positioning Texas as the third state in the U.S. to hold a Bitcoin reserve fund, following New Hampshire and Arizona. Following this development, Bitcoin prices surged overnight to a new all-time high, breaking through $109,000. Related: Bitcoin hits a four-month high...

SHARE
  • sns-x-icon
  • sns-facebook-icon
  • sns-line-icon
Side Banner
Side Banner
MAGAZINE
Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.