Texas is thinking about putting some of its money into Bitcoin and other cryptocurrencies! A new bill, SB 21, wants Texas to create a special fund to invest in digital money. This is like having a special piggy bank for crypto. It's a big deal because it could make Texas the first state to do this.
- The bill lets Texas buy, sell, and manage cryptocurrencies.
- Only cryptocurrencies worth at least $500 billion can be bought (right now, that's mainly Bitcoin).
- This new bill gives more power to financial experts to manage the money.
| Fact | Details |
|---|---|
| Cryptocurrency | Bitcoin and others (if they meet requirements) |
| Minimum value | $500 Billion market cap |
| State | Texas |
