Texas AG Candidates Oppose Online Casino Expansion
Texas AG candidates unite against online casinos and sportsbooks, signaling an uphill battle for online gambling in the Lone Star State.
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SB21, Texas Bitcoin Reserve Bill, Advances to Governor’s Desk
SB21 has recently passed both chambers of the Texas legislature, and is now headed to Governor Greg Abbott’s desk for approval.
Strategic Bitcoin Reserve Bill Moves Forward in Texas
A Strategic Bitcoin Reserve bill, Senate Bill 21 (SB 21), has been passed by local legislators in Texas. The Texas House Committee on Delivery of Government Efficiency approved Senate Bill 21 after a 9-4 vote. With this approval, SB 21 has cleared one of the obstacles leading to Governor Greg Abbott. Initially introduced by Republican … Strategic Bitcoin Reserve Bill Moves Forward in Texas
Texas Senator Ted Cruz Challenges IRS Tax Rule on Crypto
Texas Senator Ted Cruz is preparing to challenge the IRS and their recent tax rules on crypto income reporting by utilizing the Congressional Review Act (CRA). The IRS’ reporting rule requires full reporting of income generated from cryptos and expands the “broker’ definition, which, according to critics, doesn’t reflect the true nature of decentralization. Cryptocurrency … Texas Senator Ted Cruz Challenges IRS Tax Rule on Crypto