Texas taking baby steps toward strategic Bitcoin reserve: Satoshi Action Fund

Satoshi Action Fund CEO Dennis Porter says a Texas lawmaker has started conversations to introduce strategic Bitcoin legislation at some point in the future. 

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Strategic Bitcoin reserve legislation is reportedly the subject of preliminary discussions among Texan lawmakers, according to nonprofit advocacy group, the Satoshi Action Fund (SAF).

In a Nov. 21 talk at the North American Blockchain Summitt in Texas covered by Cointelegraph, CEO of SAF Dennis Porter said the group had spoken with a lawmaker who’s just “started conversations to introduce strategic Bitcoin legislation” in Texas.

“The implications of the State of Texas moving forward with strategic Bitcoin reserve legislation cannot be understated,” Porter said.

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