Texas Governor Signs Bill to Protect Bitcoin Reserves
공유
Texas Governor Greg Abbott has signed House Bill 4488, designed to protect certain state government funds, including Bitcoin reserves held outside the state treasury, from being counted as general revenue. This move aims to ensure that these reserves are safeguarded from being used for other state financial obligations.
Meanwhile, Governor Abbott has yet to make a decision on Senate Bill 21, which proposes allowing Texas to invest in Bitcoin and other cryptocurrencies with a market value of at least $500 billion. Currently, Bitcoin is the only cryptocurrency meeting this criterion. Abbott has until June 22, 2025, to sign or veto the bill.
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