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Arizona House Passes Reserve Bill for Seized Assets

HB 2324 enables the formation of a Bitcoin and digital asset reserve for the state.

Jun 25, 2025 • 1 min read

Arizona passes new legislation creating a Bitcoin reserve backed by seized crypto and deploying rules for digital asset custody.

What’s the Scoop?

Bitcoin Reserve Creation: Arizona House passes HB 2324, establishing a state-run Bitcoin and digital asset reserve funded through seized crypto.
Fund Allocation: Seized crypto funds will allocate the first $300,000 to the Attorney General, with remaining amounts split between state operations and the reserve.
Complementary Legislation: HB 2324 builds on a prior bill allowing Arizona to hold unclaimed crypto in its native form, staking rewards directed to state funds.

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