TechFlow News — State legislators in Austin, Texas, passed the "Virtual Currency Bill" (House Bill No. 4474), officially incorporating virtual currency into Texas’s Uniform Commercial Code. The bill passed with bipartisan support and will further promote the development of Bitcoin businesses and the cryptocurrency market in the state. Earlier reports indicated that the bill was approved by the House in early May. This new law marks a significant milestone in Bitcoin’s transition toward mainstream adoption. By recognizing the legal status of virtual currencies, Texas is expected to attract more Bitcoin investors and crypto enterprises.
Add to Favorites
Share to Social Media
