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Texas lawmakers pass Bitcoin reserve bill, Governor Abbot has 20 days to sign or veto – TON BOT

Texas lawmakers pass Bitcoin reserve bill, Governor Abbot has 20 days to sign or veto

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Texas lawmakers passed a bill to create a state-level Bitcoin reserve using surplus General Revenue, pending Governor Greg Abbott’s approval. The reserve aims to strengthen fiscal sovereignty and position Texas as a forward-thinking region in global finance. The legislation requires transparency in Bitcoin acquisitions and storage within Texas or a recognized US jurisdiction. Governor Abbott has 20 days to sign the bill, making Texas the third US state to hold Bitcoin as part of a strategic reserve.

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