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Texas becomes the third US state to approve a public crypto reserve, allowing direct purchases of assets averaging $500B+ in market cap over 24 months
decrypt.co/326427/texas-us-states-bitcoin-reserves
In brief
- Senate Bill 21 and House Bill 4488 were signed into law, enabling and protecting the Bitcoin reserve fund.
- Only digital assets with a 24-month average market cap of $500B qualify, limiting it to Bitcoin for now.
- The reserve will be managed by the Comptroller with advisory…
This story appeared on decrypt.co, 2025-06-23 00:00:00.