A new Texas bill would let local governments hold bitcoin or other crypto.
• HB 815 would let each Texas city or county invest up to $10 million in bitcoin or another cryptocurrency
• The cap applies to each city or county separately; school districts are not covered
• If passed, it takes effect Sept. 1, 2027; the regular session opens Jan. 12, 2027
Why it matters: It would widen public-sector bitcoin exposure in Texas from the state reserve down to local governments.
Source: Texas Legislature (HB 815 text)
Not financial advice.
💬 Should cities hold bitcoin on their balance sheets? Tell us below.
$BTC #Bitcoin #Texas
• HB 815 would let each Texas city or county invest up to $10 million in bitcoin or another cryptocurrency
• The cap applies to each city or county separately; school districts are not covered
• If passed, it takes effect Sept. 1, 2027; the regular session opens Jan. 12, 2027
Why it matters: It would widen public-sector bitcoin exposure in Texas from the state reserve down to local governments.
Source: Texas Legislature (HB 815 text)
Not financial advice.
💬 Should cities hold bitcoin on their balance sheets? Tell us below.
$BTC #Bitcoin #Texas