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MO HB2080
Bill
Status
Introduced
1/7/2026
Primary Sponsor
Ben Keathley
Click for details
AI Summary
- Creates the "Cryptocurrency Strategic Reserve Fund" in the state treasury to hold digital assets including Bitcoin, Ethereum, Solana, Ripple XRP, and USDC, with the state treasurer serving as custodian
- Requires all digital assets collected to be stored for a minimum of five years before they may be transferred, sold, or converted to another cryptocurrency
- Mandates all governmental entities accept digital assets (as approved by the Department of Revenue) for payment of taxes, fees, fines, and other obligations, with payers required to use USDC or dollar-equivalent stablecoins
- Prohibits the state from restricting individuals from operating blockchain nodes or participating in staking, and exempts staking service providers from state securities laws
- Takes effect only upon voter approval of a constitutional amendment allowing the state treasurer to invest in additional financial instruments and securities
Legislative Description
Creates the "Cryptocurrency Strategic Reserve Fund" and allows the state treasurer to receive, invest, and hold digital assets under certain circumstances
Last Action
HCS Reported Do Pass (H) - AYES: 6 NOES: 2 PRESENT: 0
3/12/2026
Committee Referrals
Commerce2/19/2026
Full Bill Text
No bill text available