Senate Bill 21 establishes the Texas Strategic Bitcoin Reserve (Reserve) as a special fund outside the state treasury, administered and managed by the comptroller. This allows the state to hold Bitcoin as a financial asset. The comptroller is tasked with maintaining and administering the Reserve, as well as investing, compliance, and reporting requirements. Public and private entities may give, grant, or donate cryptocurrency to the Reserve
Microsoft Lied To Sen. Cruz About NewsGuard, Continued Censorship Push
When Senator Ted Cruz challenged Microsoft one year ago over their funding of NewsGuard’s so-called “media literacy” program, the company claimed it had cut ties. Microsoft asserted its support was limited to a one-time 2018 donation and subsequently asked NewsGuard to remove their name from its website. Senator Cruz, acting in good faith, praised this apparent disavowal believing Microsoft...