On May 23rd, Abbott publicly posted an article about the bill’s advancement and also delved into Texas’s ambition to spearhead digital asset innovation on a national level. This action is generally seen as a subtle indication of support for the project by many observers.
The SBR bill suggests that Texas could keep some of its financial reserves in Bitcoin (BTC), thereby considering it as a strategic reserve asset, just like their conventional assets.
Advocates believe that making this decision might serve several purposes, including protecting against the weakening of the U.S. dollar, drawing more investment in blockchain technology, and strengthening Texas’s reputation as a Bitcoin-friendly economic powerhouse.
Read More
- Gold Rate Forecast
- Tom Cruise Bags Gold: Mission Impossible Star Lands Guinness World Record for Highest Burning Parachute Jumps
- Mobile MOBA Games Ranked 2025 – Options After the MLBB Ban
- Are Billie Eilish and Nat Wolff Dating? Duo Flames Romance Rumors With Sizzling Kiss in Italy
- Tom Hiddleston and Wife Zawe Ashton Announce Second Pregnancy, Know Couple’s Relationship Timeline
- Is Justin Bieber Tired of ‘Transactional Relationship’ with Wife Hailey Bieber? Singer Goes on Another Rant Raising Concerns
- Justin Bieber Tells People to ‘Point at My Flaws’ Going on Another Rant, Raises Alarm With Concerning Behavior
- Resident Evil 9: Requiem Announced: Release Date, Trailer, and New Heroine Revealed
- Summer Game Fest 2025 schedule and streams: all event start times
- Apothecary Diaries Ch.81: Maomao vs Shenmei!
2025-05-23 23:22