Arizona Just Almost Created a State Bitcoin Bank – What Happens Next?
Arizona’s Senate just revived HB2324 in a razor-thin 16–14 vote—bringing the state one step closer to establishing an official Bitcoin & Digital Assets Reserve Fund. This bill would allow Arizona to hold confiscated crypto as unclaimed assets, splitting any gains between the Attorney General, state coffers, and the new reserve. First $300K funds AG operations, then 50% AG, 25% to general fund, 25% to the fund.
It’s a bold move aligning Arizona with New Hampshire (the first state with a crypto reserve) and putting Texas, Wyoming on notice—but the final House vote and Governor Hobbs’s pen are still looming hurdles.
👉 Why this matters:
Public funds, no taxpayer risk – HB2749 already signed; this one handles forfeited assets.
Modern custody rules – state-approved wallets, exchange liquidation, or long-term holding.
Strategic value play – Bitcoin’s flywheel rising, now touching government treasury.
