In Texas, State Representative Ron Reynolds (Democrat) introduced Bill HB815 on the 9th, which would allow cities and counties in the state to invest in cryptocurrencies based on the 'Public Funds Investment Act.'
This bill has been submitted for consideration at the 90th Texas Legislature, scheduled to convene on January 12, 2027. It targets the 'Public Funds Investment Act,' which determines the investment avenues for public institutions in Texas to manage taxpayer funds.
The inclusion of cryptocurrencies as potential investment options...