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Texas is now within a single, silent procedural heartbeat of creating the nation’s largest government-run stash of bitcoin. Senate Bill 21, the Texas Strategic Bitcoin Reserve and Investment Act, was dispatched to Gov. Greg Abbott on June 1 after clearing both chambers by wide margins.
Texas Bitcoin Reserve Set To Become Law
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Under Article IV, Section 14 of the Texas Constitution, the governor has twenty days after final adjournment to sign or veto a bill; failing to do either renders the measure law automatically. Because the 89th Legislature adjourned sine die on June 2, the deadline falls on Sunday, June 22. Legislative reference staff have already flagged that date as the
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