The Senator from Texas proposes a bill to establish the first state-level Bitcoin strategic reserve in the United States
Bitget2025/01/16 02:19
U.S. Senator Charles Schwertner has proposed Senate Bill 778 (SB 778), which, if passed, would make Texas the first state in the U.S. to establish a strategic Bitcoin reserve.
Schwertner emphasized that Texas should take the lead in adopting Bitcoin. This proposal could potentially allow the state to collect taxes, fees, and donations in the form of Bitcoin. Texas is the second largest economy in America and also where most of American's Bitcoin miners are concentrated.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$99,521.67
+2.47%
Ethereum
ETH
$3,373.34
+4.62%
XRP
XRP
$3.07
+9.39%
Tether USDt
USDT
$0.9998
+0.01%
BNB
BNB
$709.88
+1.13%
Solana
SOL
$201.72
+6.48%
Dogecoin
DOGE
$0.3770
+4.25%
USDC
USDC
$0.9998
-0.03%
Cardano
ADA
$1.06
+3.65%
TRON
TRX
$0.2348
+5.63%
Bitget pre-market
Buy or sell coins before they are listed, including CATGOLD, VERT, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now