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Texas Senate Banking Committee greenlights Bitcoin reserve bill for floor voting – TON BOT

Texas Senate Banking Committee greenlights Bitcoin reserve bill for floor voting

The Texas Senate Banking Committee approved a bill to create a state-managed Bitcoin and crypto reserve, aiming to protect state financial reserves from inflation and economic instability. The bill authorizes the Texas Comptroller of Public Accounts to acquire, manage, and trade Bitcoin and other cryptocurrencies. Other states are also exploring similar initiatives.


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