Arizona, led by House Bill 2749, launches a Bitcoin and Digital Assets Reserve Fund aimed at managing unclaimed digital assets. Governor Hobbs vetoed a different crypto bill just prior, opting for a more cautious investment policy in state funds. This bill marks Arizona’s significant step into digital asset integration, with care to protect financial interests.
Arizona has taken a noteworthy step by establishing House Bill 2749, which sets up a state-managed Bitcoin and Digital Assets Reserve Fund to handle unclaimed digital assets and their staking rewards. With this legislation, signed by Governor Katie Hobbs on May 7, 2025, Arizona now stands as the second state in the U.S. to create such a system, after New Hampshire’s recent legislation.
