Texas Proposes $250 Million Bitcoin Reserve Bill to Boost State’s Crypto Integration
Texas is taking a significant step forward in cryptocurrency integration with the introduction of a new bill proposing a $250 million Bitcoin reserve. The legislation, known as HB 4258, aims to allocate funds from the state’s economic stabilization fund towards Bitcoin and other digital assets. This proactive approach highlights Texas’s commitment to leveraging the benefits of cryptocurrencies within its financial framework. As states navigate their roles in the crypto ecosystem, Texas is positioning itself as a leader in embracing digital assets.