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The Texas House of Representatives has passed a bill that aims to recognize cryptocurrencies under commercial law in the state.

The Texas House of Representatives has passed a bill that aims to recognize cryptocurrencies under commercial law in the state.



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  1. >Product Liability: Under commercial law, a product being offered for sale must be safe for its intended use, and it must possess the required structural integrity. The seller may be held liable in case of injuries sustained by its use. Insurance and Warranty: They are considered as a legal instrument. Commercial law defines them as a bond created between a seller and a consumer. A consumer has the right to expect that the product he is buying is functional and satisfactory.

    For those who are unsure what commercial law is.

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