Crypto Enthusiasts Likes

What is happening? Texas ranks 4th most favorable state for crypto enthusiasts. NV, CA, and Fl are ahead of Texas. Recommendations from The Texas Work Group on Blockchain Matters include: incentives for companies that don’t make money off monetizing data, “embracing its tradition of individual liberty,” and by “making it explicit that the U.S. Constitutional protections against unreasonable search and seizure extend to activity on the internet.”

How does this fit with recent FTX bankruptcy headlines? “What FTX does is gives us a fantastic contrast to the way some Texas businesses are actually approaching Bitcoin, taking a much more fiscally conservative approach. We feel like the blowback from a regulatory perspective would be detrimental to Texas businesses that are getting it right.” According to  Christopher Calicott, managing partner at Austin-based Trammell Venture Partners, a member of The Texas Work Group on Blockchain Matters.

Governing | Texas Still Wants to Become Nation’s Cryptocurrency Leader