BITCOIN SEASON 2: US States FOMO into Bitcoin?

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CoinDesk

Business News, Daily News, News, Tech News

4.7 • 698 Ratings

🗓️ 3 May 2025

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

Arizona leads the race to establish a strategic Bitcoin reserve as two bills await the governor's signature. There are 38 other SBR bills, we break it down! You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.com Arizona has taken the lead in the race to establish a strategic Bitcoin reserve, with two bills passing through the legislature and now awaiting the governor's signature. These bills would allow the state to hold and buy Bitcoin and other digital assets with up to 10% allocation. The hosts dissect the different approaches states are taking, from Texas's expert advisory committee structure to New Hampshire and North Carolina's advancing legislation. With 40 strategic Bitcoin reserve bills filed across the US, and states navigating custody options, yield strategies, and political roadblocks, the Bitcoin state race is heating up! Notes: - Arizona passed two SBR bills awaiting governor's signature - 40 SBR bills filed across US states, 6 are dead - Texas bill allows up to 1% of general fund for Bitcoin - Arizona bills allow up to 10% allocation to Bitcoin - $500B minimum market cap requirement in Texas bill - Oklahoma bill failed in committee by one vote (6-5) Follow our guests: @cbspears @asilayhodling @btcszn2 Timestamps: 00:00 Start 00:32 Arizona SBR vote 08:42 State custody 11:50 Arch Network 12:22 Not your keys, not your strategic reserve 15:28 Other states drafting Bitcoin laws 16:51 Texas bill 20:31 Market cap provisions 25:31 Alabama 27:19 Fails: Oklahoma 32:08 Fails: Pennsylvania - 👉 Brought t o you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? hello@blockspace.media See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:43.9	Wondery, UK. That's audible.com slash Wondery UK.
0:49.7	Could Arizona be the first U.S. state to pass a strategic Bitcoin reserve?
0:55.2	It sure looks like it. Arizona jumps into first and second place in the race to get an SBR bill out and on the governor's desk.
1:04.1	We talk about it. We talk about all the states where they are and how the race is heating up this May.
1:08.5	Bitcoin Season 2 is brought to you by Arch Network, the platform building Bridgeless apps on Bitcoin.
1:13.8	More on Arch.
1:14.3	Later on the show, let's kick it off.
1:22.5	Arizona jumps into first place.
1:25.5	The checkered flag has been wived, Colin, and Arizona screams past
1:30.9	on the final lap. Arizona passes two bills, and all they have to do is be signed by the governor,
1:36.3	and then Arizona can hold and buy Bitcoin and other digital assets. We are actually, it's going to happen by this point.
1:45.7	It's actually going to happen.
1:46.8	Do you think so?
	...

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