Texas Lawmaker Files HB 815 to Authorize Cities and Counties to Invest Up to $10 Million in Crypto

November 11 — According to Bitcoin.com News, Texas State Representative Ron Reynolds (Democrat) has filed HB 815, a bill that would authorize cities and counties to invest public funds in cryptocurrency. The bill states: "A municipality or county may invest not more than $10 million of its funds or funds under its control in Bitcoin or other cryptocurrency." The bill would take effect on September 1, 2027.