In what is a massive development for both the state and Cryptocurrency, Texas Lieutenant Governor Dan Patrick has revealed plans to draw up a Bitcoin reserve 2025. recent statement He was issued by Patrick and listed a “Texas Bitcoin Reserve” in the middle of his first round of Top 40 Priority Bills.
Texas is really not alone, as a number of American states have tried to establish their own Bitcoin reserves. In addition, the American Senator is Cynthia Lummis introduced legislation to establish such a reserve at the federal level. The Bitcoin Act would equip the government with the permit to buy and store the leading Cryptocurrency. In the same way, Texas is among the states that want to do the same.
Only in: 🇺🇸 Texas Lieutenant Governor Dan Patrick reveals to establish a “Texas Bitcoin Reserve” 2025. pic.twitter.com/fwngpg3kvd
– watcher.guru (@watcherguru) January 29, 2025
Texas who plans to introduce Bitcoin Reserve 2025, confirms Löjtnant Governor
Was united in 2025 and was expected to massively move its attitude towards Cryptocurrencies. Pro-Crypto Donald Trump Seemed victorious in the presidential election and was set to start a new era for the government. Specifically, he was prepared to fully review his crypto policy.
This has already begun to take shape, and now states are following. In the midst of the continued effort to embrace the asset class, Texas Lieutenant Governor Dan Patrick announced the plan to introduce a Bitcoin reserve in 2025. Patrick actually noted the reserve among the state’s “priority legislation for legislation 2025.”
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Oklahola introduced legislation to create a bitcoin reserve just two weeks ago. In addition, Massachusetts followed and made similar plans in mid -January. The point of interest is now at the federal level. Although many expected in other ways, Trump has not yet introduced a BTC reserve. Instead, he announced the launch of a crypto layer that will constitute a variety of digital assets.