Latest News and Articles about Texas
U.S. Explores Strategic Bitcoin Reserves: National and Texas Initiatives Lead
Strategic Bitcoin Reserves: A National and State-Level Comparison The United States is exploring the establishment of a Strategic Bitcoin Reserve (SBR) at both the national and state levels, reflecting a growing recognition of Bitcoin as a strategic asset similar to gold or oil. This initiative aims to bolster economic stability and position the country favorably […]
Read MoreBitcoin Mining Boosts U.S. Economy with 31,000 Jobs, Texas Leads
Bitcoin Mining Creates Over 31,000 Jobs in the U.S., with Texas Leading the Charge Bitcoin mining has become a powerhouse for the U.S. economy, generating over 31,000 jobs nationwide. Texas, in particular, has embraced this industry, leading the charge with its supportive regulatory environment and infrastructure, and significantly transforming towns like Rockdale into bustling economic […]
Read MoreFederal Reserve Rejects Bitcoin Reserves, Yet States Forge Ahead
Bitcoin Reserve Dreams Dashed by Federal Reserve, Yet States Like Texas and Florida Charge Ahead Austan Goolsbee, President of the Federal Reserve Bank of Chicago, has made it clear that the Federal Reserve isn’t warming up to the idea of holding Bitcoin as a reserve asset anytime soon. Despite the crypto community’s enthusiasm for a […]
Read MoreTexas Pioneers State Bitcoin Reserve with Senate Bill 21
Texas Eyes a Bitcoin Reserve: A New Frontier in State Finance “Texas isn’t just messing around with its economy; they’re going full throttle into Bitcoin,” declared Lieutenant Governor Dan Patrick as he unveiled his plan for 2024. With a GDP of $2.4 trillion, Texas is setting its sights on establishing a state-level Bitcoin reserve through […]
Read MoreTexas Pioneers First State-Level Bitcoin Reserve with SB 778
Bitcoin State Of Mind: Texas Aims To Pioneer Strategic Reserve Texas is set to shake up the cryptocurrency landscape by establishing the nation’s first state-level Bitcoin reserve with Senate Bill 778 (SB 778), proposed by Senator Charles Schwertner. This initiative aims to position Texas as a blockchain leader, drive economic growth, enhance economic freedom, and […]
Read MoreTexas Senator Proposes State-Level Strategic Bitcoin Reserve, Leading U.S. Trend
Texas Senator Proposes First State-Level Strategic Bitcoin Reserve – Texas aims to create the first state-level Strategic Bitcoin Reserve. – Senate Bill 778 proposed by Senator Charles Schwertner. – Other states like Oklahoma, Ohio, and Pennsylvania follow suit. In a bold move, Texas Senator Charles Schwertner has filed Senate Bill 778 (SB 778), aiming to […]
Read MoreHive Digital Relocates to Texas, BitFuFu Secures 80,000 Miners from Bitmain
Hive Digital’s Texas Move and BitFuFu’s Big Buy: Navigating the New Crypto Landscape Hive Digital, a Bitcoin mining company, has shifted its operations from Vancouver, Canada, to San Antonio, Texas, betting on the incoming Trump administration’s pro-crypto policies and the robust U.S. capital markets. Meanwhile, Singapore-based BitFuFu secures a massive deal with Bitmain, signaling aggressive […]
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