These American states have adopted Bitcoin reserve laws

When Random companies Snap Bitcoin and Donald Trump greets the establishment of a National Crypto stock, racing state laws in the US to introduce their own bitcoin reserve legislation.

Legislation is approved in three states, rejected in five and remains eligible in 17, according to Bitcoin Reserve Monitor.

Those where legislation is still being treated are Alabama, Florida, Georgia, Idaho, Illinois, Kansas, Kentucky, Maine, Maryland, Michigan, New Mexico, North Carolina, Oklahoma, Rhode Island and West Virginia.

What exactly forms A “Bitcoin Reserve” varies from state to state. Although some measures are intended to actively buy Bitcoin on the open market, others focus on allowing the retention of digital assets taken by enforcement actions or forfeiture.

Many of the proposals also theoretically keep holding other crypto. In practice, strict market capitalization -Bitcoin thresholds means is usually the only digital active that is eligible.

New Hampshire

New Hampshire became the first American state to formally contract A Bitcoin reserve legislation at the beginning of May with the passage of HB 302. Signed by Governor Kelly Ayotte, the law allows the state to allocate up to 5% of public resources to precious metals and digital assets.

However, digital assets must meet the strict requirements of an average market capitalization of at least $ 500 billion in the past calendar year. Bitcoin leaves this as the only feasible option.

The movement led to a significant political debate, with the bill scrape through The house with a margin of only 13 votes. Nevertheless, Ayotte explained a victory for state innovation and financial foresight.

“New Hampshire is again in the nation again!” She wrote on X after signing the bill.

According to the law, New Hampshire can keep these reserves directly through safe custody solutions, via a qualified custodian or by regulated investment vehicles.

Arizona

Arizona’s attempt to embrace Bitcoin reserves is characterized by legislative back and forth and repeated pushback.

In May 2025, Arizona passed HB 2749, which has updated the non -required real estate laws of the State to keep crypto assets in their original form, rather than being liquidated as required earlier.

This opened a path for the State to maintain custody of or forfeited Bitcoin, so that a form of reserve was effectively created by enforcement actions.

However, the efforts to expand this have confronted considerable obstacles. Two more bills, SB 1025 and HB 2324, were both veto made by Governor Katie Hobbs.

SB 1025, with which Staatsrachers and Pension Systems could allocate up to 10% of the state funds to digital assets, was veto in May.

“The pension funds of Arizonans are not the place for the state to try not -tested investments such as virtual currency,” Hobbs said in a letter about her decision.

The second bill, HB 2324, tried to create a “Bitcoin and Digital Assets Reserve Fund” that was managed by the treasurer of the State and financed by Crypto seized in criminal investigations.

Hobbs veto the bill, row The “discourages local law enforcement by working together with the State on digital assets -inferior declaration by removing seized assets from local jurisdictions.”

Texas

Texas is perhaps the most aggressive adoptor of Bitcoin Reserve legislation.

In June 2025, Governor Greg Abbott signed Senate Bill 21 and House Bill 4488 in the law, the establishment of the Texas Strategic Bitcoin Reserve with robust legal protection that ensures that the reserve cannot be easily dismantled by future legislers.

The Texas law enables Bitcoin and possibly other digital assets to enter the reserve through purchases, forks, airdrops or donations.

Only digital assets with a market capitalization of at least $ 500 billion for a 24 -month period are eligible, which means that the reserve effectively limits only Bitcoin.

States that have rejected Bitcoin

Several states tried to follow similar initiatives, but eventually lacked political resistance and financial worries.

In Montana, the Bill 429 Wetgevers considered, as a result of which the state would have allowed up to $ 50 million to a combination of crypto, stablecoins and precious metals.

The bill failed to get sufficient support in the House of Representatives and that was killed Before reaching a complete vote, a member of earlier failed efforts in North Dakota, Pennsylvania and Wyoming became.

South Dakota also saw his efforts falter. A proposal from state representative Logan Manhart is said to have assigned up to 10% of the state funds to Bitcoin investments. However, the household and energy committee voted to postpone the bill for an indefinite period of time, so that it was effectively killed.

In Utah a broader blockchain-related account passage In March, but legislators eliminated the provisions that a Bitcoin reserve would have authorized.

The laws in these states mentioned concern about the notorious price fluctuations of Bitcoin, potential legal liability and questions about the viability of crypto in the long term as a reserve.