Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Texas Governor Greg Abbott has officially authorized the creation of the Texas Strategic Bitcoin Reserve, Jan3 founder Samson Mow eyes expanding Bitcoin nation-state adoption in Europe. Meanwhile, Bitcoin holding company Nakamoto Holdings has secured $51.5 million in fresh capital to purchase more BTC.
Texas Governor Greg Abbott has signed Senate Bill 21 (SB21), officially authorizing the creation of the Texas Strategic Bitcoin Reserve, a state-managed fund that will hold Bitcoin as part of the state’s long-term financial assets.
The newly established reserve operates independently of Texas’ general treasury system and aims to strengthen the state’s financial resilience while serving as a potential hedge against inflation, according to the bill text.
