Missouri lawmakers superior Home Invoice 2080 to the Home Commerce Committee on February 19, taking a big step towards establishing a state-run Bitcoin Strategic Reserve Fund.
Sponsored by Consultant Ben Keathley, the laws mandates a five-year holding interval for digital property and positions Missouri alongside different Republican-led states aggressively integrating cryptocurrency into public finance.
Key Takeaways
- HB 2080 authorizes the State Treasurer to custody Bitcoin for at least 5 years.
- The fund depends solely on non-public presents and grants, prohibiting taxpayer funding for purchases.
- Missouri joins Arizona and Texas in competing to formalize state-level digital asset reserves.
Missouri Laws Revives Crypto Treasury Push
HB 2080 would amend Chapter 30 of Missouri legislation to permit the State Treasurer to obtain and maintain Bitcoin. That is Consultant Ben Keathley’s second strive after an identical invoice failed in March 2025. Now it has been perfected and despatched to the Home Commerce Committee, exhibiting the problem is again on the agenda.
The timing is attention-grabbing. Whereas Missouri is pushing a long run Bitcoin reserve, latest information reveals spot Bitcoin ETFs have logged a number of weeks of outflows, hinting that brief time period institutional demand has cooled.
If permitted, the reserve would go dwell by August 28, 2026. Supporters body it as a hedge towards federal inflation, specializing in long run technique reasonably than every day worth swings.
Strict Holding Intervals and Funding Mechanics
The invoice is obvious on one factor. Any donated Bitcoin have to be held for at the least 5 years earlier than it may be offered or transferred.
The Treasurer must use chilly storage, protecting non-public keys offline to scale back safety dangers.
There’s additionally a transparency layer. The state should publish experiences each two years masking fund exercise, safety audits, and transactions.
State Coverage Joins Federal Momentum
Missouri will not be performing alone. A number of states are racing to place themselves as crypto pleasant hubs. By making a authorized path to carry Bitcoin, lawmakers hope to draw expertise and capital.
NEW:
Arizona's Digital Property Strategic Reserve Fund invoice (SB1649) cleared the Senate Finance Committee in a 4-2 vote.
Eligible property explicitly embrace #Bitcoin, $XRP, Digibyte, and stablecoins.The invoice now advances to the Guidelines Committee. pic.twitter.com/kpN6ds0dBv
— Bitcoin.com Information (@BitcoinNews) February 17, 2026
The broader regulatory backdrop can be shifting. Federal discussions round clearer crypto guidelines are gaining momentum, which might make state degree reserves simpler to increase sooner or later.
Proper now, the invoice solely permits donation primarily based accumulation. Nevertheless it units a precedent. If federal readability improves, that framework might develop.
If HB 2080 passes, Missouri turns into an early take a look at case for placing decentralized property inside a state treasury system.
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