Tag: Bitcoin Reserve

Arizona's Bitcoin Reserve Revolution: HB2749 Already Signed Law, SB1649 Seized-Asset Fund Clears Full Senate — America's Most Legally Advanced State Crypto Reserve Framework Is Live and Expanding

Arizona is executing the most comprehensive and legally advanced state-level Bitcoin reserve framework in the United States — operating across two parallel statutory tracks. HB2749, signed by Governor Katie Hobbs on May 7, 2025, created a Bitcoin and Digital Assets Reserve Fund from unclaimed and abandoned digital assets, making Arizona the second US state after New Hampshire to establish a state crypto reserve by signed law. SB1649 — introduced by Senator Mark Finchem on February 3, 2026 — creates a Digital Assets Strategic Reserve Fund from seized, confiscated, and voluntarily surrendered crypto, including Bitcoin, XRP, DigiByte, stablecoins, and NFTs. It cleared the Senate Finance Committee 4-2 on February 16, the Senate Rules Committee on February 23, and moved through the full Senate per the LegiScan March 9 roll call. Governor Hobbs has vetoed four prior crypto reserve bills but has not acted on SB1649. The eligible asset benchmark requires ≥1% of the digital gold standard, defined by Bitcoin's $100,000 market price milestone.