Crypto News

The Texas House Committee passes Bitcoin Spare Bill for Voting in the entire floor

The Texas match commission passed the Republic Account to establish a reservation Bitcoin, which now requires only successful voting in the full floor before moving on the Governor’s desk.

The Commission for submission of companies in Texas to provide government efficiency adopted the Senate BIL 21, without amendments 7. May in 9-4 vote along party lines. The account has already had Pasted Texas SenateIn 25-5 votes 6. March.

SB 21 would be founded by the “Texas Strategic Reserve Reserve” is currently Glenn Hegar – to whom it would be allowed to invest in digital assets, which has received a market hat in the last twelve months, which would only include Bitcoin only.Btc).

The Texas House Committee passes Bitcoin Spare Bill for Voting in the entire floor
Source: Pierre Rochard

The Republic Senator Charles Schverner has initially presented SB 21 in January as a Bitcoin account.

However, The bill was implanted In February, it includes potentially involving other digital assets in February.

Founder of Law Bitcoin Julian Fahrer said On K that the Fate of SB 21 should be determined before 2. June, when the Texas Legislator postponed.

If Bill sees a successful voice in the entire floor, it would refer to Governor Greg Abbott Table. Abbott pronounced His desire to make Texas “CRIPTO CAPITAL” US in November and accepted Donations Bitcoin as part of his campaign in 2014 years

Two accounts for reserves Bitcoin now signed in in the Law

Texas voting comes on the same day as Governor Arizona Katie Hobbs The Law on Law signed This allowed the state not to request the crypto and establish a Bitcoin and digital property fund, which will not use the taxpayer or state funds.

The state can also invest an abandoned crypto to earn prizes or receive airshipswhich can then be deposited into its crypto fund.

Related: Swedish MP proposes Bitcoin Reserve for Finance Minister

New Governor Hampshire Kelly Ayotte was signed Home account 302 on the right Dani earlier 6. May, allowing the State of Treasury to use investment funds in cryptocurries with market caps of more than $ 500 billion.

Florida, however, They removed two spare bills for Bitcoin 3. Maja – the day the state legislators crossed 230 accounts ranging from banning fluoride in water, protection of state parks and prohibit the use of smartphones in schools.

Journal: Adam Back says Bitcoin price cycle ’10 x bigger ‘has “empathy” for ETF customers