Texas Creates Bitcoin Reserve Fund, First State-Run Crypto Fund in U.S. History
Golden Finance reported that the Texas Senate passed SB 21, creating the Texas Bitcoin Reserve Fund, the first state-run crypto fund in U.S. history. Lieutenant Governor Dan Patrick called it a major step forward in keeping with President Trump's vision of making the U.S. a global leader in cryptocurrency. Texas is leading the way. The reserve will hold BTC and other top cryptocurrencies with a market cap threshold of more than $500 billion. A new advisory committee will oversee its development. This is more than just a state initiative - it's a national cryptocurrency policy in the making.
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