Bill > HB2080

This bill establishes the "Bitcoin Strategic Reserve Fund" in Missouri, which allows the state treasurer to receive, invest, and hold Bitcoin under specific conditions. The bill defines key terms like Bitcoin (a decentralized digital asset), cold storage (a secure method of storing cryptocurrency), and creates a dedicated fund in the state treasury. The treasurer can accept Bitcoin donations from Missouri residents, must store these assets for a minimum of five years, and is required to develop secure storage policies using best practices in digital asset management. The bill mandates that the treasurer prohibit transactions involving foreign entities or individuals engaged in illegal activities, conduct regular audits, and prepare biennial reports detailing the fund's total value, growth, transactions, and security status. Additionally, the bill grants the treasurer authority to invest in cryptocurrency and requires all governmental entities to accept cryptocurrency for payments, with the option to charge associated service fees. The legislation aims to create a structured approach to managing Bitcoin as a potential state asset, with emphasis on security, transparency, and regulated acquisition of the digital currency.

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https://house.mo.gov/Bill.aspx?bill=HB2080&year=2026&code=R