Go Back

Missouri Advances Bitcoin Reserve Bill to House Panel

Catenaa, Sunday, March 01, 2026-Missouri lawmakers have advanced a bill to create a state-managed bitcoin reserve, sending the measure to the House Commerce Committee as part of a renewed push to establish a crypto treasury.

House Bill 2080, introduced by Republican Rep. Ben Keathley, would create a Bitcoin Strategic Reserve Fund within the state treasury and authorize the Missouri State Treasurer to receive, invest and hold bitcoin under specific conditions.

The proposal received its first and second readings in January and was referred to committee on February 19.

The legislation would allow the Treasurer to accept bitcoin donations from eligible Missouri residents and government entities. Holdings would be required to remain in custody for at least five years before any sale or transfer.

The bill also permits the Treasurer to purchase digital assets with state funds and enables government entities to accept approved cryptocurrencies for taxes, fees and other payments.

A public report detailing fund activity would be required every two years.

The measure marks Keathley’s second attempt to establish a state bitcoin reserve after a similar bill stalled in committee in 2025. Missouri’s renewed effort follows broader policy momentum at the federal and state levels.

The US government created a national strategic bitcoin reserve in 2025 after an executive order by President Donald Trump.

Other states, including Kansas and Florida, are advancing similar proposals, while Arizona, Texas and New Hampshire have already enacted crypto reserve laws.