Texas Lieutenant Governor proposes Bitcoin reserve for 2025

The Lieutenant-Governor of Texas, Dan Patrick, announced his intention to establish a “Bitcoin reserve of Texas” as part of his main legislative priorities for the 2025 session.

THE proposal underlines the continuous push of Texas to integrate the Bitcoin (BTC) in its financial strategy and strengthen its status of State adapted to blockchain.

“In the past four years, the Texas Senate has held the line, fighting against the disastrous agenda of President Biden,” said Patrick. “Now, with President Trump in the office, Texas has a friend in the White House.”

Texas has seen tensions between cryptographic minors and the government, underlined by a recent trial of a mining company, Lejilax, against The dry on cryptographic regulations and the classification of tokens.

In February 2024, the Texas Blockchain Council and Riot Platforms heard The American Department of Energy, EIA and OMB, contesting the collection of emergency data on energy consumption of cryptographic mining. They argue that actions violate the law on the reduction of documents and reflect a broader regulatory exceeding of the Biden administration.

Arizona advances its own Bitcoin reserve invoice

Texas is not alone in its efforts. In Arizona, the Senate finance committee recently approved SB1025, also known as “Arizona Strategic Bitcoin Reserve Act”. The bill, co -packed by the state senator, Wendy Rogers and representative Jeff Weninger, would allow the State to invest up to 10% of its public funds – including the reserves of the Treasury and the System State retirement – in Bitcoin and other digital assets.

With a voting of 5-2 in Arizona, the bill is now moving to the Senate rules committee before heading to a full vote by the Senate.

If it has passed, Arizona would join Texas to position Bitcoin as a strategic financial asset at the state level. These movements reflect a growing trend among American states that seek to integrate cryptocurrency into their financial frameworks.