Missouri Advances Bitcoin Strategic Reserve Bill HB 2080
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Missouri House Bill 2080, aimed at creating a state-run Bitcoin Strategic Reserve Fund, has advanced to the House Commerce Committee. The bill permits the state treasurer to receive and securely hold Bitcoin reserves for at least five years. This initiative reflects increased governmental adoption of cryptocurrency as a financial asset.
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- HB 2080 advances to the House Commerce Committee for further legislative review.
- Bill allows the Missouri treasurer to receive and hold Bitcoin reserves.
- All Bitcoin must be stored securely for at least five years.
Missouri is once again stepping into the Bitcoin debate, and this time the proposal is moving forward.
House Bill 2080, which would create a state-run Bitcoin Strategic Reserve Fund, has advanced to the House Commerce Committee. If enacted, the bill would authorize the State Treasurer to receive, invest, and hold Bitcoin on behalf of the state.
A State-Managed Bitcoin Reserve
Under the proposal introduced in Missouri’s 103rd General Assembly by Representative Keathley, new sections would be added to Chapter 30 of the Revised Statutes of Missouri.
The bill defines Bitcoin as a decentralized digital asset created by a peer-to-peer network that …
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