0
0
News

Texas House Passes Landmark Bitcoin Reserve Bill

The bill awaits the governor's sign-off before enabling the state to include crypto assets in its treasury.
0
0
May 22, 2025 • 1 min read

Texas lawmakers have approved a bill to establish a state-run Bitcoin reserve, with one final procedural step before becoming law.

What’s the Scoop?

  • Legislation Approval: Texas lawmakers have passed a bill to create a state Bitcoin reserve, awaiting only a final procedural vote to become law.
  • Bipartisan Support: The bill received strong bipartisan support, with lawmakers voting 101-42 in favor.
  • Second Bitcoin Adopting State: If enacted, Texas would become the second U.S. state to formally adopt a Bitcoin reserve.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

Published in Bankless

There’s a revolution in the world of money. Ethereum, Bitcoin, crypto, open finance, DeFi—a bankless revolution. And you want part of it.