Nikolas Sargeant
Two key crypto reserve bills in Arizona are one step closer to becoming law, following their successful passage in the state Senate. Both bills are now poised to move to the House of Representatives, making Arizona one of the leading states in the push to integrate Bitcoin into state-level financial reserves. The Senate voted in favor of the Strategic Bitcoin Reserve Act (SB 1025), which focuses on enabling public funds to invest in crypto assets, as well as the Strategic Digital Assets Reserve bill (SB 1373), which would establish a specialized fund for digital assets seized by the state.
Bitcoin Reserve Bills Race Across U.S.
Arizona is not alone in its push for a Bitcoin reserve, with other states also advancing similar legislation. As of now, 18 U.S. states have pending crypto reserve bills in their Senate votes, but Arizona and Utah have made the most significant progress. The latter state is currently poised to become the first in the nation to officially implement a Bitcoin reserve. With support growing for these types of measures, the U.S. is witnessing a competitive race among states seeking to adopt Bitcoin and other digital assets as part of their financial infrastructure.
ARIZONA Update:
— Bitcoin Laws (@Bitcoin_Laws) February 28, 2025
Bitcoin Reserve Bill SB 1373 has passed the Senate third reading, by a vote of 17-12.
Now moves to the House. AZ moves up to second place in the Reserve Race. pic.twitter.com/yTOPwW05GW
Despite the momentum in states like Arizona and Utah, some regions are facing significant pushback on crypto reserve bills. Montana, Wyoming, North Dakota, South Dakota, and Pennsylvania have rejected or stalled similar proposals. In Montana, for example, the state’s lawmakers blocked a proposed $50 million Bitcoin reserve initiative, signaling ongoing resistance in some states against adopting Bitcoin at the government level. However, the growing support for crypto legislation continues to gain steam across the nation.
National Support for Bitcoin in Public Funds
Bitcoin reserve legislation is gaining national attention, with some experts predicting that federal action on crypto will follow a structured approach, starting with stablecoins and market structure before advancing to strategic reserves. This trend is supported by high-profile political figures, such as former President Donald Trump, who has championed pro-crypto policies. As more states move to pass Bitcoin reserve bills, the U.S. is positioning itself for a potential digital asset revolution that could redefine the role of cryptocurrencies in the country’s financial landscape.
