Creates the "Cryptocurrency Strategic Reserve Fund" and allows the state treasurer to receive, invest, and hold digital assets under certain circumstances
HCS Reported Do Pass (H)
Summary
The bill creates a Bitcoin Strategic Reserve Fund inside the state treasury and lets the treasurer take Bitcoin donations from Missouri residents or government entities. The treasurer must keep the Bitcoin in secure cold storage for at least five years before it can be sold, converted, or otherwise used, and must issue a public report on the fund every two years. The proposal was intended to diversify state assets but it did not pass.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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