Texas Wants to Write Bitcoin Reserves Into Law by 2025

Date:

January 30, 2025

11h05 ▪
3
min read ▪ by
Fenelon L.

The Lone Star State could become the first U.S. state to officially establish a bitcoin reserve. Dan Patrick, the lieutenant governor of Texas, has included this project among the legislative priorities for 2025, marking a decisive step in the institutional adoption of cryptocurrencies in the United States.

Texas could soon store Bitcoin legally

On January 29, Dan Patrick officially included the bitcoin reserve project among Texas’s legislative priorities for 2025. This announcement follows two complementary bill proposals: one presented in mid-January by Senator Charles Schwertner, and the other filed in December 2024 by Republican Representative Giovanni Capriglione.

The project would allow Texas to accept payment of taxes and fees in bitcoin, thus directly…

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Texas Wants to Write Bitcoin Reserves Into Law by 2025

Texas could soon store Bitcoin legally

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Texas Wants to Write Bitcoin Reserves Into Law by 2025

Texas could soon store Bitcoin legally

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