Texas ups its aspirations to become the go-to place for crypto in the U.S., forming a new blockchain council and highlighting the state’s mining capabilities.
Everything is bigger in Texas, and now the state with the second-largest geographical area in the United States is aiming to prove that it can lead the way in blockchain innovation.
While well-known companies like Hedera Hashgraph and Bitmain have already established a strong presence in Texas, the state has recently formed its own blockchain committee. Known as the Texas Blockchain Council, the organization was established as a trade association, or business league, serving as a nonprofit intended to make Texas a leader in national blockchain growth, education and business development. The council’s president, Lee Bratcher, told Cointelegraph that Texas will soon become one of the most favored jurisdictions for U.S.-based blockchain businesses and investments:
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