Arizona Becomes Second U.S. State to Embrace Bitcoin as a Reserve Asset
Arizona just made crypto history.
Governor Katie Hobbs has signed House Bill 2749, officially making Arizona the second U.S. state to pass a Bitcoin and digital asset reserve law—following closely behind New Hampshire.
Key Highlights:
Crypto as State Reserve: Arizona can now hold unclaimed crypto assets in their native form—no forced liquidation to fiat.
Earning Potential: These assets can be staked or used for airdrops through licensed custodians, adding long-term value.
Tax-Free Reserve Fund: The new crypto reserve will remain tax-exempt and require legislative approval for use.
Lead sponsor Rep. Jeff Weninger called the move a “modernization” of Arizona’s financial laws:
> “We’re recognizing crypto’s place in the future of finance.”
