The State of Texas is officially gearing up to become a BTC holder.

Texas Governor Greg Abbott has signed a bill authorising the creation of the Texas Strategic Bitcoin Reserve, which means Texas will begin buying and stocking up on BTC in an official capacity.

Texas is the third US state to approve a Bitcoin reserve law, after Arizona and New Hampshire.

However, Texas is the first State to actually commit public funds to the fund, apologies for the pun.

The number of countries and/or US states or equivalent taking steps towards making BTC legal tender and/or an official asset is growing.

It's a list that's getting longer, and it includes unexpected players, such as The Maldives.

At the time of writing, only two countries recognised Bitcoin as legal tender, El Salvador and the Central African Republic.

Sooner or later, I think, most will.

Maybe. Maybe not.

Hopefully. Hopefully not.