Editor's PiCK

Texas House Passes Bitcoin Strategic Reserve Bill

Source
Uk Jin

Summary

  • The Texas House of Representatives in the USA passed the Bitcoin Strategic Reserve Bill with 105 votes in favor.
  • The bill allows the state government to invest in Bitcoin.
  • The bill will take effect once it receives the governor's final signature.
Photo=Ex Capture
Photo=Ex Capture

Attention is drawn to whether a strategic Bitcoin (BTC) reserve bill will pass in Texas, USA. The bill has passed the House on this day.

According to Bitcoin.com News on the 20th (local time), the Texas House of Representatives in the USA passed the Bitcoin Strategic Reserve Bill (SB21) during the second reading (bill review and decision procedure). The vote was counted with 105 in favor and 23 against.

The bill is centered on allowing the state government to invest in Bitcoin. The bill, having passed the House, will take effect once it receives the governor's final signature.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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