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Texas Governor Dan Patrick reveals a bachelor’s baccalaureate plan

The Lieutenant Ruler in Texas Dan Patrick has announced plans to create a bitcoin reserve for the state as part of the best 40 priority bill in the 2025 legislative session. The proposal, which was included in the Senate Bill 21, is in line with the increasing efforts by many American states to integrate Bitcoin in financial strategies.

Texas joins the states that explore Bitcoin reserves in 2025

In a conversation press releaseThe ruler in Texas Dan Patrick confirmed that the state intends to create a bitcoin reserve. The initiative is part of its 2025 legislative agenda and is listed between 40 priority bill. The proposal will put a pioneer in adopting digital assets.

The Texas Bitcoin reserve will be a balance that controls the state, as it is in line with the legislative efforts seen in other regions.

In addition, the Texas Bitcoin Reserve is part of an attempt to integrate digital assets into the state’s financial policies. Defenders believe that they can provide a category of alternative assets, while strengthening their position in the encryption sector. The reserve will be managed by the state’s guidelines to ensure compliance with financial regulations.

Moreover, the proposal follows the previous initiatives by legislators in Texas to support the accreditation of the encrypted currency. Texas has previously presented policies for Bitcoin Mining and Blockchain technology, making the reserve a logical step.

Earlier this week, The Utah Committee agreed A draft law to create a strategic bitcoin reserve, which the second country maintains after Arizona to consider such a procedure. This can lead to a broader dependence among countries.

Other states and federal backup discussions

Several states, including Oklahoma and Massachusetts, have suggested bitcoin reserves as part of her legislative business schedules. These efforts coincide with the federal levels of coded currency reserves. Senator Sinatia called Lomes To obtain the National Bitcoin reserves, and pressure to take decisive measures on the proposal before the Czech Republic.

Despite the increasing interest in the federal and state bitcoin reserves, former President Donald Trump has not presented a national reserve plan. Instead, recently announced Perfume encryption An initiative that includes multiple digital assets. While this approach is different from direct bitcoin reserves, it reflects a shift in government strategies towards encryption.

Senate Bill 14 submits the Texas Doug Initiative

In addition to a bitcoin reserve proposal, the Senate Law 14 sets the establishment of the Texas Doug initiative. The program is designed to improve government efficiency by using Blockchain -based solutions. This is followed by a precedent by the ELON Musk Doge initiative of the United States government, which has already been implemented in some sectors.

Texas Governor Dan Patrick refers to the increasing trend between states that adopt encryption policies.

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Ronnie Mogndi

Ronny Mugendi is a four -year experienced encryption journalist, as he contributed greatly to the various media in cryptocurrencies and technologies. With more than 4000 articles published through various media, it aims to inform, educate and introduce more people in the Blockchain world and Defi. Outside his career in the press, Rooney has a bicycle riding and exploring new paths and landscapes.

Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.

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