Just-In: Texas Bitcoin Bill Receives Senate Approval

Texas Bitcoin Bill HB4474 passed from the Senate in the early morning of May 27 after it was passed by the House of Representatives on May 11. The recently passed Bitcoin Law recognized Bitcoin and other digital assets under state trade laws. Approving the bill will make Texas another crypto and blockchain friendly state similar to Wyoming. BREAKING NEWS: Texas # Bitcoin Bill HB4474 passed the Senate this morning and is on its way to @GregAbbott_TX to become law! Many thanks to @AngelaPaxtonTX and @ TanParkerTX for supporting our legislation and making Texas the host country for Bitcoin! #Txlege @ txblockchain1 https://t.co/j4W7sa6xa9 – Christopher Calicott (@mecee) May 27, 2021. Already announced support for new crypto regulations. Passing the new Bitcoin bill will play a vital role in helping Texas become a crypto hub, as it is already very popular among Bitcoin mining companies such as Riot Blockchain and BlockCap. Just-In: Texas Bitcoin Bill Receives Senate Approval message first appeared in Coingape.

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