{"id":656815,"date":"2025-03-11T23:25:30","date_gmt":"2025-03-11T20:25:30","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/texas-lawmaker-seeks-to-cap-states-proposed-btc-purchases-to-250m\/"},"modified":"2025-03-11T23:25:30","modified_gmt":"2025-03-11T20:25:30","slug":"texas-lawmaker-seeks-to-cap-states-proposed-btc-purchases-to-250m","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/texas-lawmaker-seeks-to-cap-states-proposed-btc-purchases-to-250m\/","title":{"rendered":"#Texas lawmaker seeks to cap state\u2019s proposed BTC purchases to $250M"},"content":{"rendered":"

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A House bill filed by a Texas Democrat proposed the state\u2019s comptroller wouldn\u2019t be able to invest more than $250 million in crypto.<\/p>\n

A member of the Texas legislature has proposed a bill that could limit the amount local and state authorities invest in cryptocurrency as a reserve asset.<\/p>\n

In a bill filed on March 10, Texas Representative Ron Reynolds proposed<\/a> the state\u2019s comptroller not be allowed to invest more than $250 million of its Economic Stabilization Fund \u2014 otherwise known as a \u201crainy day\u201d fund \u2014 in Bitcoin (BTC) or other cryptocurrencies. The legislation also suggested that Texas municipalities or counties could not invest more than $10 million in crypto.<\/p>\n

HB 4258, filed by Texas Representative Ron Reynolds. Source: <\/em>Texas legislature<\/em><\/a><\/p>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

A House bill filed by a Texas Democrat proposed the state\u2019s comptroller wouldn\u2019t be able to invest more than $250 million in crypto. A member of the Texas legislature has proposed a bill that could limit the amount local and state authorities invest in cryptocurrency as a reserve asset. In a bill filed on March…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-656815","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/656815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=656815"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/656815\/revisions"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=656815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=656815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=656815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}