A governor’s commission said it is an “important technological innovation,” and recommended the state play a robust regulatory role to support its growth.
The high-profile recent collapse of FTX might have tainted cryptocurrency trading platforms for many, but it isn’t slowing advocates’ plans to make Texas a leader in the still-growing industry.
Despite the high-profile collapse of crypto trading platform FTX, the Legislature’s Work Group on Blockchain Matters has established a master plan to propel the state to the forefront of the $5 billion industry.