{"id":24801,"date":"2026-04-01T07:28:30","date_gmt":"2026-04-01T07:28:30","guid":{"rendered":"https:\/\/bitunikey.com\/news\/texas-adds-prediction-markets-and-crypto-to-legislative-priorities\/"},"modified":"2026-04-01T07:28:39","modified_gmt":"2026-04-01T07:28:39","slug":"texas-adds-prediction-markets-and-crypto-to-legislative-priorities","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/texas-adds-prediction-markets-and-crypto-to-legislative-priorities\/","title":{"rendered":"Texas adds prediction markets and crypto to legislative priorities"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p>Texas Senate Lieutenant Governor and President Dan Patrick has added a study of prediction markets, crypto, and blockchain to its priorities for the state\u2019s next legislative session.<\/p>\n<div id=\"cn-block-summary-block_b08dcb9c63ef78509cbb66b6c39de5fb\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Texas Senate has moved to examine prediction markets, crypto, and blockchain as part of its next legislative priorities, with a focus on potential regulatory gaps.<\/li>\n<li>Lawmakers are set to study whether prediction platforms exploit federal law to bypass Texas gambling restrictions, while also reviewing crypto kiosks and alignment with federal rules.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to a Friday <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.ltgov.texas.gov\/2026\/03\/27\/lt-gov-dan-patrick-releases-2026-interim-charges-to-the-texas-senate\/\" target=\"_blank\" rel=\"nofollow\">announcement<\/a>, Patrick has said the interim charges are intended to \u201cadvance the priorities of Texas\u2019 conservative majority,\u201d which includes examining prediction markets and digital assets.<\/p>\n<p>The charges would focus on \u201cclosing gambling loopholes\u201d by studying the sudden rise of prediction market activity and assessing how federal law may be used to bypass Texas gambling restrictions, particularly around election-related markets.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Patrick has also called for stronger \u201ccoordination with federal rules\u201d on crypto and blockchain, alongside an evaluation of crypto kiosks operating in the state.<\/p>\n<p>Texas is not the only state to take aim at prediction market activity, as these platforms have increasingly come under scrutiny. States like Nevada and Arizona, among others, have pursued legal action against platforms like Polymarket and Kalshi.<\/p>\n<p>Among other priorities is a proposed study of the \u201cimpact of AI on the Texas workforce and its implications for economic competitiveness.\u201d As previously reported by crypto.news, Google has recently backed a multibillion-dollar data center project in Texas to support Anthropic.<\/p>\n<p>The Texas legislature meets every two years and is scheduled to return for its next 140-day session in January 2027.<\/p>\n<p>In the previous session, the state passed a Bitcoin reserve bill, which was later signed into law, making Texas the first U.S. state to establish such a reserve. Subsequently, the state made its first $5 million Bitcoin purchase in November 2025.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Texas Senate Lieutenant Governor and President Dan Patrick has added a study of prediction markets, crypto, and blockchain to its priorities for the state\u2019s next legislative session. Summary Texas Senate&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6750,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=24801"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24801\/revisions"}],"predecessor-version":[{"id":24802,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24801\/revisions\/24802"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/6750"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=24801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=24801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=24801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}