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Texas forms advisory committee to manage state Bitcoin reserve under new law

Market News
29 May 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Texas has established the Strategic Bitcoin Reserve Advisory Committee, a five-member panel including industry and academic experts, to guide the state's Bitcoin holdings as authorized by Senate Bill 21. The committee will advise on Bitcoin valuation, risk management, asset management, and custody policies. This move signals Texas' intent to treat Bitcoin as a strategic public asset, integrating mining and regulatory expertise. The state is also seeking institutional-grade custody and liquidity providers, with investors advised to watch for developments in custody services and potential similar actions by other states.

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