US states West Virginia and Arizona advance new digital foreign money payments

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  • West Virginia’s invoice would enable the Treasury Division to take a position 10 % in valuable metals, stablecoins and digital property.
  • Arizona advances invoice that might enable authorities companies to just accept Bitcoin for taxes, charges, and penalties.
  • Texas and New Hampshire have set precedents in adopting Bitcoin reserves by way of state-wide buy legal guidelines.

Bitcoin is not only a Wall Road or Silicon Valley matter. State governments throughout the nation are regularly beginning to take into account how Bitcoin might be included into their funds. Two new developments in West Virginia and Arizona present this development is taking form.

West Virginia proposes Bitcoin and gold as inflation defend

West Virginia lawmakers have launched Senate Invoice 143, often known as the Inflation Safety Act of 2026. The invoice would enable state treasuries to take a position as much as 10% of their funds in valuable metals and choose digital property as a hedge in opposition to inflation.

The proposal would solely cowl digital property with a market capitalization of greater than $750 billion. At present, this requirement successfully limits eligibility to Bitcoin. The invoice would additionally enable funding in accredited stablecoins and bodily property comparable to gold.

The invoice was launched by State Sen. Chris Rose and has been despatched to committee for overview as of January 2026.

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Arizona advances invoice to just accept Bitcoin for taxes and charges

On the identical day, Arizona lawmakers superior a separate however associated effort. Senate Invoice 1043, launched by State Sen. Wendy Rogers, handed second studying within the Arizona Senate.

If accredited, the invoice would enable state companies to just accept Bitcoin for taxes, charges, and penalties. The obtained cryptocurrencies are instantly exchanged into US {dollars}, making certain that the nation doesn’t retain any worth threat.

Arizona lawmakers additionally proposed a companion invoice, SB1042, that might enable as much as 10% of sure public funds to be allotted to a Bitcoin strategic reserve fund. Each payments are at present earlier than the Senate Finance Committee, making them one of many strongest Bitcoin advances in any U.S. state this yr.

Related developments and why this issues

Taken collectively, these tendencies point out that U.S. states are not fully rejecting Bitcoin. Texas has already set a precedent by placing Bitcoin instantly on its steadiness sheet by way of a $10 million Treasury buy, whereas New Hampshire has gone a step additional by passing the primary formal legislation permitting public funds to be allotted to Bitcoin.

On the similar time, comparable efforts have stalled or failed in a number of different states, together with Montana, South Dakota, North Dakota, Pennsylvania and Utah, as a result of political opposition and monetary warnings.

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