Latest Updates
Utah Introduces Blockchain and Digital Innovation Bill
House Bill 230 'Blockchain and Digital Innovation Amendments' introduced to establish framework for state digital asset investments and blockchain innovation
California Lawmaker Explores Bitcoin Adoption
Assembly member Vince Fong begins discussions with Proof of Workforce about potential Bitcoin adoption strategies, though no formal legislation proposed yet
Two New Bitcoin Reserve Bills Filed in Massachusetts
Rep. Christopher J. Worrell and Sen. Barry R. Finegold file companion bills (HD.3762 and SD.2422) allowing for strategic investment in stable digital financial assets
Wyoming Introduces Strategic Bitcoin Reserve Bill
House Bill 201 filed to authorize state funds investment in Bitcoin, sponsored by Representatives Wasserburger, Brown, G, Filer, Lucas and Singh, and Senator Smith, D.
Kansas Pension Fund Bitcoin Bill Advances
SB34 referred to Financial Institutions Committee, would allow KPERS to invest in Bitcoin ETPs with specific requirements and limitations
Texas Introduces Strategic Bitcoin Reserve Bill
Texas Senator Charles Schwertner introduced Senate Bill 778, which would establish a Strategic Bitcoin Reserve for the state. If passed, Texas would become the first state to create such a reserve.
Kansas KPERS Bitcoin Investment Bill Filed
SB34 would authorize state pension fund to invest up to 10% in Bitcoin ETPs, with SEC/CFTC approved products only. Bill referred to Financial Institutions Committee.
Strategic Bitcoin Reserve Act Introduced
Rep. Cody Maynard introduces HB 1203 allowing state savings accounts and pension funds to invest in Bitcoin
Federal Government Maintains Traditional Reserve Policy
As states explore Bitcoin reserves, federal government continues traditional reserve approach
Arizona Strategic Bitcoin Reserve Act Introduced
SB1025 would allow state treasurer and retirement systems to invest up to 10% in virtual currency, with option to store in federal strategic bitcoin reserve if established
Massachusetts Files Strategic Bitcoin Reserve Bill
Senator Peter J. Durant introduces Senate Docket 422, 'An Act relative to a Strategic Bitcoin Reserve', joining other states in considering Bitcoin adoption.
Indiana Bill Would Allow State Funds to Invest in Bitcoin ETFs
HB1322 introduced to allow state pension funds to invest in SEC-approved Bitcoin ETFs and explore blockchain technology use in state agencies. The bill requires a study of blockchain applications for improving cost efficiency and services by March 2026.
Resolution for Bitcoin State Reserves Filed
Legislators introduce Resolution 3001 to encourage state investment in digital assets and precious metals
Strategic Bitcoin Reserve Bill Filed
Rep. Keith Ammon introduces bill to enable state treasury to invest in Bitcoin and precious metals through regulated ETPs
Ohio Explores Bitcoin Reserve Strategy
State Treasurer Robert Sprague announces initiative to explore Bitcoin reserve implementation through state investment portfolio
Florida Plans Bitcoin Reserve Through Pension Fund
FBBA working with state officials to allocate 1% ($1.85B) of state pension fund to Bitcoin, with support from Gov. DeSantis and CFO Patronis
State Auditor Advocates for Bitcoin Reserve
State Auditor Andrew Sorrell pushes for Alabama to establish a strategic Bitcoin reserve, suggesting gradual investment to attract businesses and position the state as a crypto-friendly hub.
Bitcoin Reserve Bill Filed
Rep. Capriglione files HB 1598 to establish a bitcoin reserve within the state treasury
Strategic Bitcoin Reserve Act Introduced
Reps. Cabell and Kaufer introduce HB 2664 allowing state treasurer to invest up to 10% of state funds in Bitcoin and crypto ETPs
Senator Lummis Introduces Federal Bitcoin Reserve Bill
BITCOIN Act proposes 1M BTC strategic reserve (~5% of supply) through Treasury-operated secure vaults
Idaho GOP Backs Bitcoin, Opposes CBDCs
Idaho Republican Party's 2024 convention platform committee opposed CBDCs while supporting decentralized digital currencies like Bitcoin, affirming the right to use alternative forms of money.