Texas Governor Greg Abbott has signed into regulation Invoice SB 21, including Bitcoin reserves to the state’s authorized framework. With this transfer, Texas has turn out to be the third state within the US to create an official Bitcoin reserve.
In keeping with the Bitcoin Legal guidelines platform, which tracks digital asset legal guidelines, 47 strategic Bitcoin reserve payments have been launched in 26 states up to now, with 13 payments beneath lively consideration on the federal stage.
This rising curiosity in digital asset reserves throughout the nation parallels the insurance policies of Donald Trump, who was re-elected in November 2024. Trump, who took workplace in January, has taken intensive steps to rework the U.S. right into a extra crypto-friendly surroundings, together with reversing anti-crypto banking practices (debanking), appointing pro-crypto figures to key regulatory positions, and establishing a strategic Bitcoin reserve.
Trump signed an govt order on March 7, 2025, titled “Establishing a Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile,” formalizing the concept of a Bitcoin-only reserve. The order additionally outlined a “Digital Asset Stockpile,” which would come with different digital belongings similar to XRP, SOL, and ADA. The transfer clarifies Trump’s concept of a broader digital asset reserve that he had outlined on March 2.
*This isn’t funding recommendation.
