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Texas has passed a law granting law enforcement the authority to seize digital assets, with the measure set to take effect on Sept. 1. On June 20, Texas lawmakers passed Senate Bill 1498, a bipartisan law that gives law enforcement…
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Bitcoin
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The Texas Senate has approved the conference committee report for Senate Bill 21 by a decisive 24-7 margin. This move has cleared the final legislative hurdle for the state’s proposed Bitcoin reserve fund. With both chambers adopting the measure, the…
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Bitcoin
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Texas is on the verge of becoming the third U.S. state to establish a state-managed Bitcoin. The Texas Strategic Bitcoin Reserve and Investment Act, SB 21, was approved by the House of Representatives with a vote of 101-42. The bill…
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Bitcoin
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Sangha Renewables has raised $14 million in equity funding for its flagship 19.9-megawatt Bitcoin mining project in West Texas. The facility, developed alongside a major independent power producer, will operate directly on a solar energy site and is expected to…
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Bitcoin
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Cryptocurrency influencer and Token Metrics CEO Ian Balina is the latest figure to have an SEC unregistered securities sales case dropped. According to a May 1 joint stipulation filed in a Texas federal court, the U.S. Securities and Exchange Commission…
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U.S. states may successfully frontrun federal authorities on Bitcoin reserve policy as Texas lawmakers advanced a bill through the Senate.
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Texas policymakers have roughly $24 billion in sovereign wealth as the State’s Senate weighed passing Bitcoin reserve legislation.
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Bitcoin
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Texas Lieutenant Governor Dan Patrick has announced plans to establish a “Texas Bitcoin Reserve” as part of his top legislative priorities for the 2025 session. The proposal underscores Texas’ ongoing push to integrate Bitcoin (BTC) into its financial strategy and…
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Bitcoin
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Ripple was awarded financial licenses in New York and Texas, which allow the firm to extend its payment services to more U.S. users.
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Ripple USD
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XRP
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A Satoshi-era Bitcoin buyer must surrender crypto keys to his $124 million stash, a Texas court ruled following a landmark conviction last year.
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Bitcoin
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Texas-based fitness maker Interactive Strength plans to allocate $5 million in Bitcoin as part of its treasury strategy. Interactive Strength, a maker of specialty fitness equipment, said Thursday its board has approved allocating up to $5 million in Bitcoin (BTC),…
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Bitcoin
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A federal court in Texas has struck down a Securities and Exchange Commission rule that expanded the definition of a broker to include decentralized finance platforms and other crypto entities. The SEC’s broker-dealer rule, finalized in February 2024, aimed to…
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Analysts at H.C. Wainwright & Co. believe Cipher’s recent acquisition in Texas will enhance its strategic operations. Cipher recently announced the acquisition of a 300 MW development site in West Texas, increasing its total energy pipeline to over 2.5 GW…
BTC
Bitcoin
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In a recent speech for the Texas Blockchain Council, U.S. Senator Ted Cruz referred to Bitcoin as an energy safety blanket for Texas’s grid infrastructure. Cruz described Bitcoin (BTC) as a “reservoir of power,” suggesting that it could serve as…
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Bitcoin
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Bitcoin miner Crusoe Energy announced a new multibillion-dollar deal with energy tech company Lancium to build a data center for artificial intelligence in Texas. Crusoe Energy, one of the first Bitcoin (BTC) mining companies in the U.S. to use wasted…
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Bitcoin
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Hut 8 said it has entered into a power purchase agreement for a site in West Texas with access to 205 megawatts. Bitcoin mining company Hut 8 is gearing up to expand its infrastructure platform significantly with the latest agreement…
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Bitcoin
