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Will another U.S. state propose similar Bitcoin reserve legislation by end of 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official legislative proposals from other U.S. states
Story
Texas Senator Proposes SB 778 to Establish State's First Strategic Bitcoin Reserve
Jan 15, 2025, 10:47 PM
Texas State Senator Charles Schwertner has introduced a bill, SB 778, aimed at establishing a Strategic Bitcoin Reserve for the state. The proposed legislation, if passed, would position Texas as the first state in the U.S. to create such a reserve. The reserve would involve the state stockpiling Bitcoin in ultra-secure cold storage. Schwertner's initiative is seen as a move to lead the way in integrating state treasuries with cryptocurrency, potentially setting a precedent for other states.
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