Digital assets strategic reserve fund
Summary
This bill establishes a digital assets strategic reserve fund administered by the state treasurer to hold cryptocurrencies and digital assets seized, confiscated, or surrendered to Arizona, as well as monies appropriated by the legislature. The state treasurer is authorized to invest fund monies, loan digital assets to generate returns without increasing financial risk, and store assets through qualified custodians or exchange-traded products meeting specified security and governance standards. The bill defines eligible digital assets based on a "cryptocurrency fair value" metric that evaluates coins meeting at least one percent of a "digital gold standard benchmark" set at $100,000 per coin.
Sponsor
Last action
House Committee of the Whole action: Do Pass
Apr 15, 2026
Topics
Legislative history
House Committee of the Whole action: Do Pass
House majority caucus: Do pass
House minority caucus: Do pass
House RULES Committee action: constitutional and in proper form, voting: (8-0-0-0-0-0)
House consent calendar
House COM Committee action: Do Pass, voting: (7-3-0-2-0-0)
House read second time
Introduced in House and read first time
Assigned to House COM Committee
Assigned to House RULES Committee
Senate third reading PASSED voting: (16-13-1-0)
Transmit to House
Senate additional Committee of the Whole action: Do Pass Amended
Senate minority caucus: Do pass
Senate RULES Committee action: Proper For Consideration, voting: (0-0-0-0)
Senate consent calendar
Senate majority caucus: Do pass
Senate FIN Committee action: Do Pass, voting: (4-2-1-0)
Senate read second time
Introduced in Senate and read first time
Assigned to Senate FIN Committee
Assigned to Senate RULES Committee