Texas lawmaker proposes bill to establish strategic Bitcoin reserve
The draft legislation suggested that Texas residents could fund the Bitcoin reserve through voluntary donations. Go to Source
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Texas Representative Proposes Strategic Bitcoin Reserve Act
On Thursday, Dec. 12, Texas Representative Giovanni Capriglione introduced a bill to establish a bitcoin reserve as a financial asset within the state treasury, marking a significant step toward incorporating cryptocurrency into public financial management. Giovanni Capriglione Introduces Bill for State Bitcoin Reserve The legislation, titled the Texas Strategic Bitcoin Reserve Act, outlines the creation … Read more
Lack of blockchain literacy feeds lawmaker apprehension — Lee Bratcher
According to the President of the Texas Blockchain Council, the recent election outcome brought much-needed relief for the industry. Go to Source
Protecting Ted Cruz’s Senate seat is a ‘top priority‘ — Crypto PAC
Ted Cruz, representing Texas in the US Senate since 2013, has received millions in support from the crypto industry but is still at risk of losing his seat to Colin Allred. Go to Source
Mining PAC launches ad for Ted Cruz as early voting begins in Texas
More than 18 million registered voters in the Lone Star State will decide whether to replace Senator Ted Cruz with Representative Colin Allred starting in 2025. Go to Source
Crypto ATMs Coming to 45 New Locations Across Five US States
Cryptocurrency is becoming more accessible across the U.S. with the expansion of digital currency kiosks to 45 new locations in the Southwest and Midwest. Yesway, a fast-growing convenience store chain, is partnering with Coinflip to bring crypto ATMs to its customers, offering a seamless and secure way to buy and sell bitcoin and other digital … Read more
Paypal Expands Crypto Reach: 60 Million Venmo Users Now Linked to Moonpay
Venmo’s 60 million users can now fund transactions on the Moonpay platform, thanks to a new integration announced by Paypal. U.S. users can use Venmo balances, linked bank accounts, or cards to buy and sell cryptocurrencies through Moonpay, expanding payment flexibility. However, this option is unavailable in New York and Texas, continuing Paypal’s push into … Read more
High-Return Crypto Scheme Hit With Cease-and-Desist in Texas
Texas regulators have issued an emergency cease-and-desist order against two individuals accused of promoting a fraudulent cryptocurrency investment scheme. The alleged scheme, tied to Trage Technologies, promised high returns on digital asset arbitrage trading but is accused of misleading investors. Authorities claim the company falsely asserted SEC registration and used illegal multilevel marketing tactics, posing … Read more
Texas Drug Ring Sentenced for Laundering $50K Monthly in Cryptocurrency
Six members of a Texas-based drug ring have been sentenced for their roles in a dark web drug operation, which laundered up to $50,000 per month in cryptocurrency. The group, operating as “Loverbois,” sold nearly 12 kilograms of meth. They processed about 20 drug orders daily between July 2019 and December 2020. Sentences ranged from … Read more
Texas Mayor Ward Roddam Reveals How Bitcoin Resurrected Rockdale’s Economy
Ward Roddam, mayor of the City of Rockdale in Texas, explained how the arrival of bitcoin mining revitalized the city’s economy. In a recently published opinion piece, Roddam noted that bitcoin miners took advantage of the energy infrastructure left by Alcoa, an aluminum plant that closed in 2008 due to rising energy costs and regulations. … Read more
