The good news everyone has been waiting for regarding Bitcoin has arrived from Texas!

Texas Governor Greg Abbott signed the SB 21 bill, incorporating Bitcoin reserves into the state's legal framework. With this step, Texas became the third state in the U.S. to establish an official Bitcoin reserve.

According to the Bitcoin Laws platform, which tracks digital asset legislation, 47 strategic Bitcoin reserve bills have been introduced in 26 states so far. In addition, there are also 13 bills being actively considered at the federal level.

This increasing interest in digital asset reserves across the country parallels the policies of Donald Trump, who was re-elected in November 2024. Trump, who took office in January, took comprehensive steps to transform the U.S. into a more crypto-friendly environment. These included reversing anti-crypto banking practices, appointing crypto-friendly figures to key regulatory positions, and establishing a strategic Bitcoin reserve.

On March 7, 2025, Trump signed a presidential decree titled "Establishment of a Strategic Bitcoin Reserve and U.S. Digital Asset Stock," officially formalizing the idea of a reserve specifically for Bitcoin. The decree also defined the concept of "Digital Asset Stock," which would include other digital assets such as XRP, SOL, and ADA. This move clarified Trump's broader idea of a digital asset reserve that he expressed on March 2.

*It is not investment advice.

Follow our Telegram group, Twitter account, and Youtube channel immediately for exclusive news, analyses, and on-chain data! Also, start live price tracking right away by downloading our Android and IOS apps!