Arizona has enacted HB 2749, launching its first crypto reserve focused on managing unclaimed digital assets. This pioneering initiative is under the control of the State Treasurer, allowing assets to be held in their native form.
The reserve prioritizes custodianship rather than speculative investments, marking a significant shift in public financial management of cryptocurrencies in the U.S.
As of May 8, 2025, market reactions have been minimal, with no notable responses from key opinion leaders in the crypto space. Arizona's approach may inspire other states to adopt similar frameworks for managing unclaimed assets.
Full story here: https://coincu.com/336263-arizona-crypto-reserve-hb_2749
