Texas Governor Dan Patrick Running Establishing state reserves among the best legislative priorities for the current year.
It is worth noting that the initiative has received a very symbolic draft law (Senate Law 21). This is a sign of the maximum supply of Bitcoin.
Earlier today, axios I mentioned The state of Lun Star, which includes a GDP of $ 2.4 trillion, can start possessing the leading cryptocurrency as a financial asset. The draft law will allow the state to collect coins through taxes and donations. However, its initial version did not include Bitcoin’s purchase strategy.
The House of Representatives in Texas initially submitted a bill to create a bitcoin strategic reserve in December. The legislative initiative aims to enhance the financial stability of the second largest American country through GDP amid concerns about inflation.
Texas, of course, is known as the main Bitcoin Mining Center with many industrial processes.
Other countries are also thinking about creating their bitcoin bonds. It includes Florida, Ouhyu, Northern Dakota and Woewang.
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Meanwhile, Senator Centum Lomes of Wyoming announced that general listening sessions on the implementation of the Bitcoin Federal Reserve will be one of its first priorities.
Lummis was recently appointed as Chairman of a sub -committee in the newly established Senate on digital assets.
Its draft law, which was submitted last year, will require from the US Treasury to obtain a total of one million coins over the period of five years.
There is a chance of 55 % of the Bitcoin Strategic Reserve that is created as soon as possible this year, according to the betting bet that works in the encrypted currency.
