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Texas Governor Signs 'Bitcoin Reserve Protection Act'

2025/06/23 00:50 (Updated 2025/06/23 11:00)
CoinPost
Written by L.Kikutani
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Texas Governor Signs 'Bitcoin Reserve Protection Act'

Key Bill Remains Unsigned

On the 20th, Texas Governor Greg Abbott signed 300 bills, but notably did not sign the much-anticipated Bitcoin Reserve Establishment Bill, SB21. This bill is expected to automatically become law on June 22, Sunday, under the provisions of the state constitution. Meanwhile, Governor Abbott did sign the Reserve Protection Act, HB4488. This act aims to protect the future-established Bitcoin (BTC) reserves as a permanent fund, and is intended to work in conjunction with SB21. SB21 aims to establish the 'Texas Strategic Bitcoin Reserve', allowing state investments in cryptocurrencies with a market capitalization exceeding $500 billion...

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MAGAZINE
Iolite Vol.15

Iolite Vol.15

September 2025 issueReleased on 2025/07/30

Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.15

September 2025 issueReleased on 2025/07/30
Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.