Arizona

Arizona has become the second U.S. state to establish a cryptocurrency reserve fund, aiming to protect residents' assets from losing value. With the new Bitcoin and Digital Assets Reserve Fund, unclaimed property laws will be modernized to include virtual currency, ensuring that residents benefit from any appreciation in crypto values.

On May 7, 2025, Arizona Governor Katie Hobbs signed a significant law establishing a Bitcoin and Digital Assets Reserve Fund, making Arizona the second U.S. state to do so. This legislation aims to modernize state financial practices and protect residents' virtual assets.