From the Texas Tribune: Texas Republicans want to make the state the center of the cryptocurrency universe

An attempt to expand Texas' role in digital technology. I'm still trying to figure this out.

"state and federal lawmakers try to lay the groundwork for a blockchain technology explosion"

- Click here for the article.

This year, the Texas Legislature this year took several steps toward growing the industry here.

HB 4474 recognized cryptocurrency in the state’s Uniform Commercial Code in an effort to set standards that clarify the rights of people who control the currency and make it possible to resolve disputes over ownership. The measure made Texas the third state to amend the laws regulating financial transactions as such. HB 1576 established a 16-member working group that will recommend policies relating to blockchain matters. Abbott signed both bills into law in June.