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The new law also requires greater transparency for digital asset customers at least quarterly, and annual proof-of-reserves attestation to the Texas Department of Banking within 90 days of the end of the fiscal year and when applying for a new money transmission license
Texas Governor Abbott has signed landmark legislation to ensure that digital asset service providers with Texas customers maintain adequate reserves and do not commingle customer funds...
Texas’s 88th legislative session has been an especially productive one for local Bitcoin miners. Advocates celebrated the blocking of one state bill, and the…
Texas’s 88th legislative session has been an especially productive one for local Bitcoin miners. Advocates celebrated the blocking of one state bill, and the…
Large Bitcoin miners operating in Texas, such as Riot Platforms and Lancium, can breathe a sigh of relief after one bill, which would have eliminated energy…