tl;dr
Three US states—Arizona, Kentucky, and Oklahoma—have introduced or passed bills to support Bitcoin. Arizona's bills propose creating a Strategic Digital Assets Reserve and allowing the state treasury to invest in Bitcoin. Kentucky's House Bill 701 provides legal protections for residents using digit...
Three US states—Arizona, Kentucky, and Oklahoma—have launched new legislative efforts to support Bitcoin. Arizona's bills propose creating a Strategic Digital Assets Reserve and allowing the state treasury to invest in Bitcoin. Kentucky's House Bill 701 provides legal protections for residents using digital assets, while Oklahoma's House Bill 1203 would allow the state treasurer to invest public funds in Bitcoin.
Arizona is moving forward with two Bitcoin-focused bills that cleared the House Rules Committee on March 24. SB 1373 proposes the creation of a Strategic Digital Assets Reserve that would include crypto seized during criminal investigations. Arizona's state treasurer would manage the fund and could invest up to 10% of its value each year. Meanwhile, SB 1025 aims to allow the Arizona Treasury and state retirement system to invest up to 10% of available funds into Bitcoin.
Kentucky has signed House Bill 701 into law, providing residents with strong legal protections when using or holding digital assets. The bill affirms the right to self-custody Bitcoin, run nodes, and use crypto without fear of discrimination. It also prevents local governments from introducing laws that unfairly restrict mining operations.
On March 24, Oklahoma lawmakers approved House Bill 1203 with a 77–15 vote. The bill would allow the state treasurer to invest public funds in Bitcoin and stablecoins with a market capitalization of at least $500 billion. If passed, Oklahoma would join a growing list of US states taking formal steps to integrate Bitcoin into public finance strategies.