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Texas State Senator Proposes Bitcoin Strategic Reserve Bill

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Uk Jin
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  • Senator Charles Schwertner announced that he proposed a bill to make Bitcoin a strategic reserve asset.
  • Senator Schwertner emphasized that Texas should lead in adopting Bitcoin.
  • He stated that if the bill passes, Texas will be the first state in the U.S. to adopt Bitcoin as a strategic asset.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

On the 15th (local time), according to Watcher Guru, Texas State Senator Charles Schwertner proposed a bill to make Bitcoin (BTC) a strategic reserve asset.

Senator Charles Schwertner stated on X (Twitter), "It's time for Texas to lead the way in adopting Bitcoin as a strategic reserve asset. That's why I submitted Senate Bill 778. If the bill passes, Texas will be the first in the U.S. to adopt Bitcoin as a strategic reserve asset," he said.

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