Crypto Cowboys Unite: Texas Senator Eyes State Resources For Bitcoin Growth

If Senator Ted Cruz of Texas gets his way, he wants the state to be the “oasis of Bitcoin.” For Cruz, the primary hurdle to full Bitcoin adoption is the federal government itself, particularly its left-leaning policies. The state of Texas, he says, can soon become a cryptocurrency hub with its decentralized environment and business-friendly policies. Ted Cruz’s statement comes as Bitcoin broke the $98,000 level for the first time, and there’s growing regulatory clarity. Incoming US President Donald Trump has nominated Scott Bessent for Treasury, and SEC’s Gary Gensler…

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