Texas Governor Greg Abbott has signed Senate Bill 21, making Texas the third U.S. state to establish a Bitcoin reserve. This initiative aims to hedge against inflation and diversify the state's financial assets, utilizing funds from tax revenues and other sources. The move reflects a growing trend among states to incorporate cryptocurrency into their financial strategies. In related developments, the Federal Housing Finance Agency announced that crypto holdings at Fannie Mae and Freddie Mac will now be recognized as collateral for mortgages. This aligns with former President Trump's vision of positioning the U.S. as a leading crypto hub. Meanwhile, in Switzerland, the CVJ.CH Summer Soirée highlighted the advancements of Swiss banks in digital assets, focusing on strategic development.