BITCOIN SEASON 2: US States FOMO into Bitcoin?
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 3 May 2025
⏱️ 37 minutes
🧾️ Download transcript
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!
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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
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Transcript
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| 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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