The Lone Star State appears as if it will be the first in the U.S. to hold bitcoin.
Abbott also passed a companion bill that shelters the strategic Bitcoin reserve, alongside other state funds, from periodic 'fund-sweeps.'
The Connecticut legislature has barred that state's government from setting up the kind of digital assets reserves seen forming elsewhere in the U.S.
Texas legislators have moved closer to formalizing a Bitcoin reserve for the state. On May 27, a joint Conference Committee composed of House and Senate lawmakers reached an agreement on the final version of Senate Bill 21 (SB 21), dubbed the Texas Strategic Bitcoin Reserve Act. According to the committee, one of the most significant […]
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Texas Governor Greg Abbott has sparked speculation about his backing of a proposed state-held Bitcoin reserve. On May 23, he shared a news article on his official X account that covered legislative efforts to pass the Strategic Bitcoin Reserve (SBR) bill. The article also acknowledged Abbott’s long-standing support for digital assets and highlighted his role […]
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The House voted in favor of Senate Bill 121 which would establish a "Texas Strategic Bitcoin Reserve for the purpose of investing in cryptocurrency"
The firm expects its 19.9 MW bitcoin mine to be running by the end of July.
Texas is advancing plans to create a government-backed Bitcoin reserve after lawmakers approved Senate Bill 21 (SB 21) in its second House reading on May 20. According to voting records on the Texas Senate website, the proposal passed with a commanding 105 to 23 vote, reflecting rare bipartisan support. It now heads to a third […]
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Texas Republican Lance Gooden suggested to the agency that runs office space that installing ATMs will help align the government with Trump's crypto push.
Texas has introduced a second crypto reserve bill, marking another significant step toward integrating Bitcoin into its financial framework. According to a document released on March 11, the proposed legislation, HB 4258, seeks to allocate up to $250 million from the state’s economic stabilization fund for Bitcoin and other digital assets. This marks the second […]
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Texas' bitcoin strategic reserve bill clears its senate, while New Hampshire marks a committee win and Utah teeters on a deadline this week.
Five states' crypto efforts faltered as Texas advances and Utah nears a final vote, leaving the state-level push for digital asset reserves with mixed results.
Genesis Digital Assets is a private bitcoin miner that claims to have one of the largest hashrate capacities in the world.
The acquisition adds 114 megawatts of wind capacity to MARA’s asset base as it expands into energy infrastructure.
If passed and signed into law, “it would make Texas the first state to establish a strategic Bitcoin reserve,” says Senator Charles Schwertner.
The difference in outlook between traders and high net-worth individuals has never been greater, according to David Siemer, CEO of Wave Digital Assets.
In an interview with Cointelegraph, US Senator Ted Cruz discusses Bitcoin’s role in driving small business growth, its potential as a hedge against inflation, and why Texas is becoming a top crypto hub.
The draft legislation suggested that Texas residents could fund the Bitcoin reserve through voluntary donations.
If Senator Ted Cruz of Texas gets his way, he wants the state to be the “oasis of Bitcoin.” For Cruz, the primary hurdle to full Bitcoin adoption is the federal government itself, particularly its left-leaning policies. Related Reading: Ripple CEO Reacts To Trump’s Billionaire Treasury Secretary Nominee The state of Texas, he says, can […]
A Texas federal court has rejected the U.S. Securities and Exchange Commission's recent rule expanding the definition of a securities dealer to include a wider swath of firms — including some in the cryptocurrency sector. This adds a significant legal loss to the crypto legacy of SEC Chair Gary Gensler on the same day he announced his January departure.
According to the President of the Texas Blockchain Council, the recent election outcome brought much-needed relief for the industry.
Bitcoin mining provides an opportunity for independent power producers to sell their electricity on a worldwide market, according to Sangha Renewables President Spencer Marr.
Ted Cruz, representing Texas in the US Senate since 2013, has received millions in support from the crypto industry but is still at risk of losing his seat to Colin Allred.
The massive category 4 hurricane has killed at least 137 people, and many more are still missing — while millions of homes and businesses remain without power.
After visiting a Bitcoin mining facility and receiving the endorsement of a blockchain advocacy group, Senator Ted Cruz reported purchasing up to $100,000 worth of BTC in 2023.
Riot says the deal will immediately add one exahash per second to its self-mining hashrate and expands its footprint in the United States.
Hashrate for Bitcoin network typically becomes flat or declines during North American summer time, industry experts say.
While there are many challenges for a new stock exchange in the U.S., many observers are optimistic about what it could mean for the crypto industry.
Kerrisdale Capital, a US investment firm, set off a storm of reactions on Wednesday with a series of public communications aggressively targeting Bitcoin mining companies. In a multi-part thread on X, Kerrisdale announced its campaign against what it describes as “snake oil salesmen” in the BTC mining industry, accusing them of being both a financial […]
Digital asset regulation and policy were at the center of discussion for many panels at the crypto event when news of Donald Trump’s 34 felony convictions broke.