Yugocean Texas

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Texas Becomes the Third U.S. State to Establish a Bitcoin Reserve

22 Jun 2025 1 minute read 1 comment Yugocean

The Texas Strategic Bitcoin Reserve and Investment Act      On 22 June 2025, Texas Governor Greg Abbott signed Senate Bill 21 into law, the final day available for action on the bill. The legislation formally integrates Bitcoin reserves into the stat...

Texas Senate Approves Bill that makes Crypto Exchanges to submit Proof of Reserves

20 May 2023 1 minute read 1 comment Yugocean

     The Texas Senate has passed House Bill 1666, which deals with ensuring verification of the declared reserves by crypto exchanges. It will become law in Texas as soon as the governor signs it. Proof of Reserve (PoR)      Cryptocurrency exchange...