Texas House introduces bill to build strategic bitcoin reserve


HOUSTON, Dec. 12 (Xinhua) -- The Texas House of Representatives on Thursday introduced a bill to establish a strategic bitcoin reserve, which would enable the second largest U.S. state to start building a strategic bitcoin reserve by accepting taxes, fees and donations in bitcoin, Republican state lawmaker Giovanni Capriglione said on social media platform X.

"I just filed the bill ... entitled 'An act relating to the establishment of a bitcoin reserve within the state treasury of Texas and the management of cryptocurrencies by governmental entities,'" he said.

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