Texas state representative, Giovanni Capriglione, has officially proposed the establishment of a Strategic Bitcoin Reserve Fund for the state. This bill aims to strengthen financial stability and affirm Texas's leading position in digital innovation. 🌟

The H.B. No. 1598 bill, announced at the X Spaces event, highlights Bitcoin as a strategic asset that helps combat inflation and economic volatility. If passed, citizens will be able to pay taxes and fees in cryptocurrency, with the fund managed for at least five years.

This proposal is part of a broader trend in the U.S. to integrate Bitcoin, with similar moves in Pennsylvania and other states.