Texas bill would let cities and counties hold up to $10M in bitcoin
A newly filed Texas House bill would allow local governments to invest up to $10M each in Bitcoin.
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What we know
Cointelegraph reports that HB 815, introduced by Rep. Ron Reynolds, would let Texas cities and counties invest up to $10 million each in Bitcoin. It would take effect Sept. 1, 2027 if passed, and Texas already has a state-level Bitcoin reserve.
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@0xHoodMaxi
“Texas cities and counties could each put up to $10m into bitcoin under a newly filed house bill.”
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