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Arizona Bitcoin Reserves & Cryptocurrency Legislation

US State ยท AZ
Friendly
State Holdings
โ€”BTC
Not substantially funded
Policy Stance
Friendly
Crypto legislation
State Code
AZ
US State abbreviation
Last Updated
May 22, 2026
Verified data

Arizona Bitcoin Reserve Overview

Arizona was the first US state to enact Strategic Bitcoin Reserve legislation when Governor Katie Hobbs signed HB 2749 in May 2025. The reserve uses unclaimed property and forfeited crypto; direct purchases are explicitly precluded. A second bill (SB 1025) allowing direct purchases was vetoed by the Governor.

Arizona Legislative Breakdown

HB 2749 signed May 2025: Strategic Digital Assets Reserve using unclaimed/forfeited crypto only.

Arizona Strategic Bitcoin Reserve

Current status: ENACTED โ€” Strategic Bitcoin Reserve legislation signed into law.

As of May 22, 2026, Arizona's state treasury holds no Bitcoin directly. US state Strategic Bitcoin Reserves authorize the holding of Bitcoin but require separate legislative appropriation before a treasury is funded. The timeline below tracks every verified legislative milestone.

Arizona Legislative Timeline

  • 2025-05-07
    APPROVED
    Governor Katie Hobbs signed HB 2749 establishing a Strategic Digital Assets Reserve funded by unclaimed property and seizures.
    Bill: HB 2749
    Read More โ†’
  • 2025-05-02
    REJECTED
    Governor Hobbs vetoed SB 1025 which would have allowed direct BTC purchases from state funds.
    Bill: SB 1025
    Read More โ†’
  • 2025-02-19
    PROPOSED
    SB 1025 (Strategic BTC Reserve Act) passed Arizona Senate.
    Bill: SB 1025
    Read More โ†’

Arizona Bitcoin Reserve FAQs

Does Arizona have a state Bitcoin reserve?

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As of May 22, 2026: Arizona was the first US state to enact Strategic Bitcoin Reserve legislation when Governor Katie Hobbs signed HB 2749 in May 2025. The reserve uses unclaimed property and forfeited crypto; direct purchases are explicitly precluded. A second bill (SB 1025) allowing direct purchases was vetoed by the Governor.

How much Bitcoin does Arizona hold?

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Arizona's state treasury holds no Bitcoin directly as of May 22, 2026. Even where reserve legislation is enacted, a treasury is only funded after a separate legislative appropriation.

What is Arizona's Bitcoin policy stance?

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Arizona is classified as 'Friendly' on Bitcoin-related state legislation. Key legislation: HB 2749 signed May 2025: Strategic Digital Assets Reserve using unclaimed/forfeited crypto only.

Has Arizona passed a Strategic Bitcoin Reserve bill?

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See the Arizona legislative timeline above for current bill status. As of May 22, 2026, only Arizona (HB 2749), New Hampshire (HB 302), and Texas (SB 21) have enacted state Strategic Bitcoin Reserve laws.

Is Bitcoin legal in Arizona?

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Bitcoin is legal to buy, hold, and sell across all US states, including Arizona, under federal law. State-level rules mainly govern money-transmitter licensing, consumer protection, and whether the state treasury may hold Bitcoin.

Is cryptocurrency taxed in Arizona?

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Federal capital-gains tax applies to crypto nationwide. State tax treatment in Arizona depends on whether it levies a state income tax; consult a qualified tax professional, as guidance evolves.

Is Bitcoin mining allowed in Arizona?

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Bitcoin mining is generally permitted across US states, though Arizona may apply energy, zoning, or noise regulation. Any mining-specific measures are noted in the legislative breakdown above.

Which US states have enacted Bitcoin reserve laws?

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Three states have enacted Strategic Bitcoin Reserve laws: Arizona (HB 2749, May 7 2025), New Hampshire (HB 302, May 6 2025), and Texas (SB 21, June 2025). Several others have active proposed legislation.

Can Arizona's state treasury invest in Bitcoin?

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A state treasury can hold Bitcoin only if legislation explicitly authorizes it. Arizona's current authority is reflected by its stance ('Friendly') and the key legislation listed above.

When was Arizona's Bitcoin legislation last updated?

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This page reflects verified data as of May 22, 2026, sourced from official state legislative records (LegiScan) and signed gubernatorial press releases.

Where can I verify Arizona's Bitcoin reserve information?

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All bill numbers, dates, and signatures are sourced from official Arizona legislative records via LegiScan, the National Conference of State Legislatures, and gubernatorial press releases. Sources are linked at the bottom of this page.

Official Sources & Data References for Arizona

All data on this page is compiled from primary, verifiable sources. Click any source below to verify directly.