Cryptocurrencies to become legal tender in Texas?
The Texas House Bills 4474 and 1576 OFFICIALLY took effect on Sept. 1 being signed into law by Governor Greg Abbott in June;
Two bills aimed at furthering the adoption of cryptocurrencies and blockchain now in law in Texas.
1576 establishes that a blockchain working group in Texas, while 4474 amends the state's Uniform Commercial Code to recognize cryptocurrencies under commercial law.