Texas has officially launched its Strategic Bitcoin Reserve , becoming the first U.S. state to commit public funds to Bitcoin with long-term legal protections in place.
Governor Greg Abbott signed Senate Bill 21 (SB 21) into law, marking a major milestone in state-level cryptocurrency policy. The bill establishes a dedicated reserve that allows the Texas Comptroller to buy, sell, hold, or manage Bitcoin as part of the state’s broader financial strategy.
According to the legislation, the reserve is designed to act as a “hedge against inflation and economic volatility,” enhancing the state’s fiscal resilience. This move positions Texas at the forefront of institutional adoption of digital assets among U.S. states.
The bill was passed by the Texas House of Representatives on May 21 after overcoming initial opposition. Now signed into law, it opens the door for Texas to begin accumulating Bitcoin through multiple channels: direct purchases, forks, airdrops, or donati
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