Texas Senate Approves SB-21 Bitcoin Reserve Bill, Paving the Way for Cryptocurrency Adoption in the Lone Star State
On March 6, 2025, the Texas Senate passed Senate Bill 21 with a strong 25-5 vote, allowing the state to establish a Bitcoin strategic reserve. Senator Charles Schwertner introduced the bill to enhance Texas’s financial stability through investments in Bitcoin, leveraging its decentralized nature and limited supply as a potential hedge against inflation. The proposed ...
