A bill that will completely protect the Bitcoin (BTC) economy and welcome miners has been submitted to the Texas House of Representatives.
Member of the Texas House of Representatives Cody Harris In a proposal published on March 21, Bitcoin promote within the state And to be secured important items are included.
Reminding that individuals who own Bitcoin are protected under Section 9, Article I of the Texas Constitution, the bill stated that the public will be safe from any unlawful seizure. The bill also includes Bitcoin businesses in Texas. not only encouraged but also protected highlighted.
Emphasizing that the people of Texas and anyone who comes from outside and wants to do business with Texans over Bitcoin will be secured by this law, the following statements drew attention:
Mining is the top priority for securing the Bitcoin network. No Bitcoin miners will be restricted or blocked by law in Texas. Anyone wishing to make P2P transactions with Texas citizens will always feel free and secure in owning and using Bitcoin.
The motion also referred to the Chinese government’s crackdown on crypto miners, a move that has driven many firms to Texas. currently Riot Platforms, Core Scientific And White Rock Management Pioneering Bitcoin mining firms such as Texas operate in Texas.