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Texas House proposes strategic Bitcoin reserve amid rising crypto adoption

The Texas House of Representatives has introduced a bill to establish a strategic Bitcoin reserve, aiming to hold the asset for at least five years and collect donations, taxes, and fees in Bitcoin to combat inflation. This initiative follows a surge in Bitcoin's value after Donald Trump's political success, with several states exploring similar measures. Meanwhile, a partnership between Tools for Humanity and Modulus Labs aims to enhance the security and scalability of the World network, which has seen significant user adoption despite regulatory challenges.
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United States Dollar BlackRock, Inc. Kraken Energy Corp. USA Donald Trump Tim Ogilvie Cynthia Lummis Vishruti Ganesh Daniel Shorr Ende Shen Ryan Cao Makis Arsenis Anthony Scaramucci Ben Wilson Giovanni Capriglione Andrew Sorrell Show more
Cryptocurrency News, News Article
19:24 12.12.2024
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