<ul><li>The Texas House of Representatives passed Senate Bill 21, aimed at establishing a state-managed Bitcoin reserve with bipartisan support.</li><li>Only cryptocurrencies with a market capitalization of $500 billion over 24 months will qualify for inclusion in the reserve.</li><li>Texas could become the second state, after New Hampshire, to manage its own government-controlled Bitcoin reserve if the legislation passes its third reading.</li><li>The proposed Bitcoin reserve in Texas is intended to serve as an inflation and economic volatility hedge, with guidance from a committee of crypto investment professionals.</li></ul>

Texas House Advances Bitcoin Reserve Bill with Bipartisan Support

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