Arizona Senate Passes Bitcoin Reserve Bill for Seized Crypto, Heads to House For Debate

In brief

  • The bill passed the Senate 16-14 after procedural manoeuvres and now heads to the House for a final vote.
  • Arizona’s bill is part of a broader national push for state-level crypto legislation under Trump.
  • The state has already passed one Bitcoin bill, but others have been vetoed.

Arizona’s Senate has passed a revived version of the so-called Bitcoin Reserve Bill, clearing the way for the proposal to head to the House for a final vote.

House Bill 2324 (HB 2324), which would establish a fund for digital assets seized through criminal asset forfeiture, passed the Senate Thursday by a 16-14 margin. 

Initially introduced in February, the bill made early progress through both chambers but failed a final vote in the House last month.

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