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World’s 8th largest economy close to adopting Bitcoin reserve as Texas heads to final vote – TON BOT

World’s 8th largest economy close to adopting Bitcoin reserve as Texas heads to final vote

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Texas is moving forward with plans to establish a government-backed Bitcoin reserve after Senate Bill 21 passed in its second House reading with strong bipartisan support. The bill aims to create a Strategic Bitcoin Reserve, making Texas one of the few US states exploring direct exposure to Bitcoin at the government level. A recent amendment to the bill requires digital assets to maintain a $500 billion market cap for at least two years to be included in the reserve, further solidifying Bitcoin’s position as the only eligible asset under the current criteria.

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