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Texas Gov. Greg Abbott signed HB 4488, protecting state funds like Bitcoin reserves from being merged into general revenue. The bill exempts these funds from automatic dissolution in 2025. He hasn’t decided on SB 21 yet, which would let Texas invest in Bitcoin and crypto worth over $500B. Only Bitcoin currently meets that mark. Abbott must sign or veto SB 21 by June 22. The bill was sent to him June 1, giving him 20 days post-session to act.
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