TLDR
- Missouri advances HB 2080, opening a path for a state-held Bitcoin reserve.
- HB 2080 hits committee, laying rules for Missouri to buy and hold bitcoin.
- Missouri revives its BTC reserve bid, requiring a five-year holding period.
- Bitcoin reserve plan returns in Missouri, adding crypto payments for state fees.
- Missouri pushes a Bitcoin Strategic Reserve Fund as HB 2080 moves forward.
Missouri lawmakers advanced a renewed plan to create a state bitcoin reserve after moving House Bill 2080 to the House Commerce Committee. The bill outlines a framework that allows the state treasury to acquire and hold bitcoin under strict conditions. The move signals continued momentum as bitcoin discussions rise in state policy debates.
House Panel Receives Bill for Review
House Bill 2080 entered the committee phase after its referral on Feb. 19. The measure directs the Missouri State Treasurer to manage a Bitcoin Strategic Reserve Fund. The proposal strengthens Missouri’s effort to formalize bitcoin holdings within the state treasury.
The bill allows the treasurer to purchase cryptocurrency with state funds and accept donations from eligible residents. Supporters say the mechanism creates a structured process for managing digital assets. The bill also requires the treasurer to store bitcoin for five years before any action.
Missouri’s approach adds new authority for government entities to accept approved crypto assets for payments. The Department of Revenue would determine which assets qualify. This provision expands digital payment options while linking them to the wider bitcoin policy framework.
Second Attempt to Establish a Bitcoin Treasury
Rep. Ben Keathley introduced a similar bill last year, but it stalled. The earlier measure did not advance beyond committee review. Legislators now aim to revive the concept with updated positioning.
House Bill 1217 died before receiving a committee vote. The shift to the House Commerce Committee gives the new proposal a fresh path. Lawmakers believe the updated committee assignment could improve its chances.
The renewed effort reflects rising interest in state-level bitcoin strategies. Several states have explored similar reserves as bitcoin adoption grows. Missouri’s proposal aligns with broader debates over digital asset management.
Broader Context and National Momentum
The federal government created a national bitcoin reserve in 2025 under an executive order. This action encouraged several states to explore independent bitcoin frameworks. Missouri’s progress follows that national shift.
States like Texas, New Hampshire and Arizona established their own reserves. Their frameworks differ, yet each reinforces bitcoin’s role in public finance. Missouri aims to join that group if House Bill 2080 advances.
The Missouri legislation would take effect on Aug. 28 if approved. The bill still requires a full House vote and Senate review. Final approval rests with Governor Mike Kehoe after the legislative process ends.
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