Texas has become the first state to establish a public Bitcoin reserve and allocate $10 million to purchase coins. This reserve will be managed independently from the state treasury, differing from Arizona and New Hampshire, which only authorize unallocated practices. The accompanying bill HB4488 stipulates that this reserve cannot be included in general revenue. (CoinDesk)
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Texas has become the first state to establish a public Bitcoin reserve and allocate $10 million to purchase coins. This reserve will be managed independently from the state treasury, differing from Arizona and New Hampshire, which only authorize unallocated practices. The accompanying bill HB4488 stipulates that this reserve cannot be included in general revenue. (CoinDesk)