In what is a landmark development for the Cryptocurrency industry, the Texas House of Representatives officially approved a strategic Bitcoin Reserve Bill. Really, SB 21 will see the United States officially create a BTC reserve if signed by the law of the state governor, Greg Abbott
The bill had gone Wednesday through a vote of 101-42 when it took the next step to become a state law. Specifically, it will reach Abbott’s desk, which he will either grant his signature or veto the legislation. If it passes, Texas will go with Arizona and New Hampshire As the only states with laws that are adopted, the formation of a strategic Bitcoin reserve allows.
Just in: 🇺🇸 Texas House officially passes strategic Bitcoin Reserve Bill SB21.
– watcher.guru (@watcherguru) May 21, 2025
Strategic Bitcoin Reserve Bill passes in Texas House when it goes to the governor’s desk
As the United States approaches its Memorial Day, it has already been an incredible start to Q2 for Bitcoin and the crypto sector. In fact, BTC reached a new All-Time High of $ 109,424 On Wednesday. In addition, it has continued to enjoy becoming an important mainstream access in the country.
These efforts took another big step forward in the middle of the week. Specifically, the Texas House of Representatives officially approved a strategic Bitcoin Reserve bill in a landmark turnout. The legislation is located on the governor’s desk after a vote of 101-42 in favor.
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These requirements currently entail, Bitcoin is the only Cryptocurrency that Texas can invest in. The move is yet another pro-crypto shift for the United States. They comply with the decision of the US President Donald Trump to establish a similar reserve at federal level. In addition, states are expected to follow the landmark decision.