Proffs-Bitcoin Legislation Reigns Victorious In Texas This Year As The Legislative Session Ends

By Bitcoin Tidskrift - 11 månader sedan - Läsningstid: 2 minuter

Proffs-Bitcoin Legislation Reigns Victorious In Texas This Year As The Legislative Session Ends

Bitcoin policy advocates celebrated several victories in the recent quarter, including the success of Texas SB 1929, a pro-mining bill, and the defeat of Texas SB 1751, an anti-mining bill. VP of Research at Riot Platforms Pierre Rochard uttryckt tacksamhet to everyone involved, stating, "Texas will continue to be #Bitcoin country!"

These legislative outcomes will contribute to the growth and stability of Bitcoin mining operations in Texas. As Brian Morgenstern, head of public policy at Riot Platforms rapporterade, SB 1751 did not pass, ensuring the continuation of the state's usage of Bitcoin miners’ flexibility in balancing and stabilizing the power grid.

In contrast, SB 1929 successfully passed, establishing a registration process for Bitcoin miners to share information with ERCOT, enhancing transparency and grid reliability. Additionally, HB 591 was approved, providing a tax incentive for utilizing gas that would otherwise be flared into the atmosphere for on-site Bitcoin mining, promoting emissions reduction.

En annan betydelsefull utveckling var övergången av HB 1666, som introducerade en proof-of-reserves-regim, vilket positionerade Texas som ledande när det gäller att bygga upp förtroende inom ekosystemet för digitala tillgångar. Dessa lagstiftningsprestationer återspeglar samarbetsansträngningarna från olika intressenter och branschdeltagare, inklusive Riot Platforms, Texas Blockchain Council och Chamber of Digital Commerce enligt Morgenstern.

In addition to these developments, public miner stocks also surged on the news that the U.S. debt ceiling deal may be finalized soon, and that it does not include President Joe Biden’s föreslagna 30 % skatt on energy used for Bitcoin brytning.

While these successes mark important milestones, advocates acknowledge that their work is far from over. But the Bitcoin community remains optimistic about the future and the continued growth of the industry, with the positive outcomes achieved in Texas during this legislative session setting a favorable precedent for Bitcoin-related policies and innovation in the United States.

Ursprunglig källa: Bitcoin magazine