The governor of the state of Texas, Greg Abbott, referred to the support of a draft law approved by the state in the state that would create a strategic reserve for the encrypted currency.
In the May 22 publication, Abbott to publish Techstory article on the efforts of legislators in Texas to create Bitcoin (BTC). The story indicated that the SB 21 traffic decision, the draft law concerned, is now dependent on the shoulders of Abbut, about three months after its introduction.
Since he took office, Abbott Referred For himself as a “supporter of the coding law proposal” in 2021 and Proposal It will support the policies of the creation of Texas as “the capital of encryption” in 2024. Texas was one of a handful of governments at the state level that suggested the establishment of a strategic coding reserve after the 2024 federal elections.
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On May 6, the Governor of New Hamebeshire Kelly Ayot was the first to signed a bitcoin budget in the law. Arizona Katie Hobbes later approved a law that allows the state to demand the ownership of unpopular encryption. Some judicial states have rejected efforts to pass similar legislation, with nearly half of the fifty states of states that are studying bitcoin reserves.
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At the federal level, President Donald Trump signed an executive order (EO) in March to obtain a “strategic bitcoin reserve” and “stored in digital assets”, but Congress did not last from May 23. Eo.
As of March 11, the draft law was referred to the Senate Banking Committee, and it was unclear whether the Chamber would consider voting or whenever it is considering voting. The Senate is likely to submit a discussion on a draft law to regulate payment payments, the genius law, where some legislators expected the anniversary day to vote, May 26. magazine: Adam Pak says that the Bitcoin price cycle is “10x”, but it will continue to exceed $ 100,000 decisively
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