Texas Governor introduces Bitcoin reserve plan for 2025 to boost digital currency industry. Learn about the latest initiatives in cryptocurrency adoption.
Dan Patrick, the deputy governor of Texas, made a significant move for the digital currency industry by announcing a plan to establish a Bitcoin (BTC) reserve by 2025. The initiative, known as Senate Bill 21 among 40 prioritized bills in Texas, is part of the broader trend of Bitcoin adoption across U.S. states. Previously, Oklahoma and Massachusetts have introduced similar laws. At the federal level, Senator Cynthia Lummis has proposed a bill for creating a Bitcoin reserve. This contrasts with the Trump administration’s focus on launching a reserve consisting of various digital currencies instead of Bitcoin.
