Missouri advances bitcoin reserve bill to House committee, reviving crypto treasury push
Summary
Missouri is once again pursuing legislation to establish a state bitcoin reserve fund, with House Bill 2080 advancing to the State House Commerce Committee after similar efforts failed last year. Introduced by Representative Ben Keathley, the bill would authorize the Missouri State Treasurer to receive, invest, and hold bitcoin donations for at least five years, and potentially purchase crypto with state funds. It also permits government entities to accept digital assets for payments and requires biennial public reports. This renewed push follows the federal government's establishment of a national strategic bitcoin reserve in 2025 and mirrors similar legislative efforts in other states like Kansas and Florida, while Arizona, Texas, and New Hampshire have already passed such legislation.
(Source:The Block)