Texas legislature introduces bill to attract Bitcoin-related businesses, protect interests of same
- crosswindcommunicati
- Mar 21, 2023
- 1 min read
The Texas legislature introduced a bill on Tuesday to attract more Bitcoin-related businesses to the state and protect the rights of Bitcoin holders, miners, and developers, according to the text of the proposed legislation.
Fast facts
The bill will provide legal protection for those owning and engaging in Bitcoin-related activities, including the immunity afforded by censorship-resistant Bitcoin spending and the ability to store Bitcoin in an unhosted wallet without state interference.
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