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The Texas congressman has called for the establishment of a bitcoin reserve

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2024-12-21 18:15:29
Texas Congressman Giovanni Capriglione introduced a bill in December calling for the "Lone Star State" to establish bitcoin reserves.
Under the draft bill, which would require Texas to hold bitcoin for at least five years, cryptocurrencies would have to be stored in cold storage, on a device that is not connected to the internet, and the assets could not be used for transactions outside of Texas.
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