Bitcoin Magazine Three New U.S. State-Level Bitcoin Bills Signed Into Law This week, three U.S. states have enacted bitcoin-related bills into law. On Tuesday, New Hampshire became the first state to sign into law a bill that would allow for the creation of a strategic bitcoin reserve (SBR). On Wednesday, Arizona enacted its second bill related to bitcoin, blockchain, and digital assets. Also on Wednesday, Oregon’s governor signed a bill into law that updates the state’s commercial code to have it recognize digital assets such as bitcoin as collateral. New Hampshire Can Now Establish An SBR On Tuesday, New Hampshire signed HB302 into law, making it the first state in U.S. history with the legal footing to create an SBR. New Hampshire is once again First in the Nation! Just signed a new law allowing our state to invest in cryptocurrency and precious metals. pic.twitter.com/ua9bawZKbM— Governor Kelly Ayotte (@KellyAyotte) May 6, 2025 The new law enables the state treasurer to invest in digital assets that have a market cap of over $500 billion. (Bitcoin is the only digital asset that currently meets this criteria.) While the law doesn’t specifically call for the creation of an SBR, it does enable the state’s treasurer to create one. This historic law was enacted thanks in part to the efforts of Rep. Keith Ammon, the primary sponsor for this bitcoin-related bill as well as others currently working their way through New Hampshire’s state legislature. The enactment of this new law came on the heels of Arizona almost enacting a similar bill into law. Arizona Governor Vetoes One Bitcoin Bill But Signs Another On May 2, Arizona Governor Katie Hobbs vetoed SB1025, which would have enabled the state treasurer and retirement system to invest 10% of their available funds into virtual currencies. The text in the bill stated that the bill may be cited as the “Arizona Strategic Bitcoin Reserve Act” and it stipulated that the term virtual currency refers to “a digital representation of value that functions as a medium of exchange, a unit of account and a store of value other than a representation of the United States dollar or a foreign currency.” Many were quick to highlight that Governor Hobbs’ vetoing of this bill was a political misstep. This will age poorly @katiehobbs pic.twitter.com/JOX7iaKhNV— Jameson Lopp (@lopp) May 3, 2025 The message may have reached Governor Hobbs, as, yesterday, she signed HB2749, a bill that also establishes a state-level digital assets reserve, into law. HB2749 amends existing state statutes on unclaimed financial property to enable the state to claim bitcoin or other digital assets that have been “abandoned” or “unclaimed” after three years. As per this new law, Arizona will consider digital assets abandoned or unclaimed when the owner of the digital assets has not electronically accessed a digital assets account, conducted transactions i in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. You must only respond with the modified content and follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. 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Three new bills related to Bitcoin at the state level in the United States have been officially enacted.
