Blockchain Legal Resource

A prominent cryptocurrency exchange’s recent announcement that it had reincorporated from Delaware to Texas has created a buzz among publicly traded digital asset businesses. The move follows an invitation from Texas Governor Greg Abbott to come to “Y’all Street” and a series of recent legislative developments in Texas to modernize the Texas Business Organizations Code (TBOC) to make Texas more attractive as a place to incorporate. In this article we summarize some changes in the laws governing Texas business entities resulting from the recently completed session of the Texas Legislature.