Texas Senate Advances Bill to Create State Bitcoin Reserve

Texas joins a growing number of states pushing for public investments in Bitcoin, as President Trump promotes a federal crypto reserve plan.

The Texas Senate passed SB 21, a bill proposing a state-managed Bitcoin reserve, which now moves to the House of Representatives for further consideration.
New Hampshire's House committee approved a bill to allow up to 5% of public funds to be invested in Bitcoin and precious metals, advancing it to the House floor.
Utah's Bitcoin reserve bill is one Senate vote away from reaching the governor, though time is running out as the legislative session ends this week.
President Donald Trump reiterated plans for a U.S. strategic crypto reserve, including Bitcoin, Ethereum, and other cryptocurrencies, though specifics remain unclear.
At least a dozen states are pursuing Bitcoin-related legislation, while others, such as South Dakota and Montana, have rejected similar proposals citing concerns over volatility.