Missouri lawmakers have moved Home Invoice 2080 to the Home Commerce Committee for evaluate. The proposal would create a Bitcoin Strategic Reserve Fund underneath the state treasurer’s authority. The invoice permits Bitcoin donations and permits restricted purchases utilizing state funds.
Missouri Home Invoice 2080 Units Framework for Bitcoin Reserve
Consultant Ben Keathley launched Home Invoice 2080 in January to determine a state-managed Bitcoin reserve. The measure directs the state treasurer to create a Bitcoin Strategic Reserve Fund funded primarily by voluntary contributions.
The invoice states that funding could come from “presents, grants, donations, bequests, or devises of Bitcoin.” It additionally authorizes the treasurer to “make investments, buy, and maintain cryptocurrency utilizing state funds.” The proposal now awaits a public listening to and committee vote within the Home Commerce Committee.
The laws requires the treasurer to retailer all acquired Bitcoin in chilly storage. The invoice mandates that the state maintain the belongings for no less than 5 years from the custody date. After that interval, the treasurer could switch, promote, acceptable, or convert the holdings to a different cryptocurrency. The framework permits the treasurer to contract with a certified, impartial, United States-based cryptocurrency entity. The invoice additionally requires the treasurer to publish a biennial report detailing fund actions.
Home Invoice 2080 Replaces HB 1217, Units New Path in Missouri Legislature
Home Invoice 2080 follows an earlier effort by Keathley in the course of the 2025 session. His prior invoice, HB 1217, stalled in committee and didn’t attain a ground vote. This 12 months’s model strikes to the Home Commerce Committee as an alternative of the Particular Committee on Intergovernmental Affairs.
Lawmakers revised the custody framework and clarified reporting necessities. The invoice should clear the committee earlier than the complete Home debates and votes on the measure. If the Home approves the invoice, it would transfer to the Missouri Senate for committee evaluate. The Senate would then think about the measure on the ground earlier than any ultimate vote.
The proposal emphasizes voluntary contributions as the first funding supply. Nonetheless, it additionally grants authority to buy Bitcoin with state funds. The laws outlines governance steps and safety measures earlier than any transactions happen.
Texas and New Hampshire Advance Bitcoin and Crypto Insurance policies
Missouri’s proposal comes as a number of states develop their very own crypto reserve frameworks. Texas grew to become the primary state to buy publicity to Bitcoin after a legislative effort that started in 2024. The Texas comptroller acquired about $5 million within the BlackRock iShares Bitcoin Belief ETF. The workplace made the acquisition on November 20, 2025, when Bitcoin traded at $91,336. State officers described the acquisition as a “placeholder” whereas they finalize safety and storage for direct holdings.
Texas approved the creation of a strategic Bitcoin reserve by state laws. Nonetheless, the state has not bought on-chain Bitcoin to this point. Lawmakers allotted $10 million for the reserve and deployed half for the ETF buy. New Hampshire enacted its crypto strategic reserve legislation in Could final 12 months. The legislation authorizes the state treasurer to take a position as much as 5% of state funds in crypto ETFs. It additionally permits investments in valuable metals akin to gold.
New Hampshire additionally accredited a $100 million Bitcoin-backed municipal bond issuance final November. The issuance has not occurred but, although officers plan to finish it this 12 months. Arizona handed related laws that enables a Bitcoin reserve framework. Nonetheless, Arizona restricts its reserve to Bitcoin acquired by seized or forfeited belongings. Massachusetts, Ohio, and South Dakota have payments underneath evaluate by committees. A number of states, together with Colorado, Utah, and Louisiana, settle for cryptocurrency for tax funds.
Crypto Market Construction Invoice Negotiations Proceed
On the federal stage, lawmakers proceed negotiations over the crypto market construction invoice, the CLARITY Act, which can play an important position within the U.S. crypto market. Officers held a 3rd spherical of talks on the White Home final Thursday. Patrick Witt, government director of the President’s Council of Advisers on Digital Property, described the assembly as “a giant step ahead.” He wrote on X that “We’re shut” and expressed confidence that negotiators may meet the deadline.
https://x.com/patrickjwitt/standing/2024867270497890535?s=20
Congress continues to debate the invoice’s provisions whereas states advance their very own frameworks. The 2024 election cycle marked a interval of expanded crypto business lobbying. Studies point out that the business supported candidates from each main political events. Lawmakers on the state and federal ranges now tackle governance, custody, and reporting requirements for digital belongings. Negotiators haven’t but introduced a ultimate settlement on the CLARITY Act.
President Donald Trump signed an government order final March to create a federal strategic Bitcoin reserve. The order restricted authorization to grab cryptocurrency to keep away from utilizing taxpayer funds. Federal authorities have mentioned governance buildings much like these rising on the state stage. These buildings typically embrace reporting necessities and outlined custody requirements. Negotiations on the CLARITY Act proceed as lawmakers refine market oversight guidelines.
