Listen to this article

Texas Senate Approves Senate Bill 21 Bitcoin Reserve 24-7, Sent to Governor with One Week to Sign

6 posts • GPT (4.1 mini)

Updated Jun 2, 2025, 08:40 AM

The Texas Senate has approved the final revision of Senate Bill 21, known as the Texas Strategic Bitcoin Reserve Bill, by a 24-7 vote margin. The bill, which establishes a Bitcoin reserve fund for the state, has cleared all legislative hurdles and is now headed to the governor's desk for signature. The governor has approximately one week to decide whether to sign the bill into law. If enacted, Texas, a major U.S. state, could become a significant player in the cryptocurrency market by holding Bitcoin as a state reserve asset.

More breaking stories on DeepNewz — updated live.

#Texas Senate #Senate Bill 21 #Bitcoin #Texas

Financial Analysis

Associated Financial Markets

More financial news and market updates→

Related Prediction Markets

Texas Strategic Bitcoin Reserve Act (H.B. 1598) signed in 2025?

Senate passes bill to purchase 1m Bitcoin in 2025?

North Carolina Bitcoin Reserve Act signed before July?

US national Bitcoin reserve in 2025?

Trump's sovereign wealth fund acquires Bitcoin before July?

U.S. enacts stablecoin bill in 2025?

•

Sources

CryptoMutant

@CryptoMutant

Texas Bitcoin Reserve Bill clears its final Senate revision and is now headed to the governor’s desk.

Phyrex

@Phyrex_Ni

Consultative Committee Report (24-7) on the Texas Bitcoin Reserve Act SB21 that has been voted on by the Senate. Both houses have now passed the report, and the bill can be submitted to the governor for signature. The governor will have about a week to choose whether to pass the bill.

crypto.news

@cryptodotnews

Lone Star ledger: Texas clears final hurdle for Bitcoin reserve fund The Texas Senate has approved the conference committee report for Senate Bill 21 by a decisive 24-7 margin