Crypto Law Profile

Missouri Cryptocurrency Strategic Reserve Fund (HB 2080)

Missouri HB 2080 was a 2026 House bill to create a Cryptocurrency Strategic Reserve Fund, authorize state custody/investment of digital assets, require certain digital-asset payments, and protect node and staking activity. It expired after session adjournment.

Missouri, U.S. Expired Bill

At a glance

Status Expired after session adjournment; last House action was HCS reported do pass on Mar. 12, 2026.
Reserve fund Would create a state treasury Cryptocurrency Strategic Reserve Fund for digital assets.
Holding period Digital assets entering state custody would be held at least five years before transfer, sale, or conversion.
Effective trigger Section A would take effect only if voters approved a related constitutional amendment.

Bill details

Bill number
HB 2080
Session
2026 Regular Session
Chamber
House
Legislative stage
Dead

Action

Last action
HCS reported do pass in the House, 6-2, on Mar. 12, 2026; no further action before sine die adjournment.
Last action date
Mar 12, 2026

Sponsor

Primary sponsor
Rep. Ben Keathley
Sponsor party
Republican
Co-sponsors
Rep. Michael Davis [R]; Rep. Bob Titus [R]

Source

Source provider
State legislature
Source ID
4080H.02C
State legislature
Official bill page

Overview

Missouri HB 2080, also tracked as HCS HB 2080 and revision 4080H.02C, was a 2026 Missouri House bill concerning state-held digital assets. Although the request refers to a “Bitcoin Strategic Reserve Fund,” the latest House Committee Substitute used the name Cryptocurrency Strategic Reserve Fund. As of June 11, 2026, the bill was not enacted. It received a House Commerce Committee “do pass” report on March 12, 2026, but no House passage before the 2026 regular session adjourned sine die on May 30, 2026.

Missouri HB 2080 status and title

The bill was introduced by Representative Ben Keathley in the Missouri House during the 2026 Regular Session. The committee substitute’s formal act caption would have amended chapter 30 of the Revised Statutes of Missouri by adding three new sections relating to digital assets, with a contingent effective date. The measure is best classified as an expired Missouri state bill rather than an enacted law or active reserve program.

Key provisions in the committee substitute

Reserve fund, custody and reporting

Section 30.1025 would have created a dedicated fund in the state treasury, with the Missouri State Treasurer as custodian. The bill defined Bitcoin, blockchain, blockchain protocol, cold storage, cryptocurrency, custody, digital asset, donor, node, stablecoin and staking. The definition of “cryptocurrency” included Bitcoin, Solana, Ethereum, Ripple XRP and USDC, while “digital asset” was defined more broadly to include virtual currency, cryptocurrencies, stablecoins, nonfungible tokens and other digital-only assets carrying economic, proprietary or access rights or powers.

The Treasurer would have been authorized to accept gifts, grants, donations, bequests or devises of digital assets from eligible Missouri residents or governmental entities. Digital assets entering state custody would have been stored for at least five years before transfer, sale, appropriation or conversion, as directed by the Treasurer. The bill also contemplated secure storage policies, cold storage, a U.S.-based third-party digital asset security provider, regular audits and a biennial public report before December 31 of each even-numbered year.

State investment authority and payments

The committee substitute stated that the Treasurer would have authority to invest, purchase and hold digital assets using state funds. A separate section would have required governmental entities to accept Department of Revenue-approved digital assets for taxes, fees, costs, charges, assessments, fines and other amounts owed to a governmental entity. The payer could be required to cover service fees associated with the transaction. The text also stated that a person owing fees or tax obligations to the state or a political subdivision would use USDC or a dollar-equivalent stablecoin to satisfy those obligations, with any balance potentially convertible to Ethereum, Solana, Ripple XRP, USDC or Bitcoin at the Treasurer’s discretion.

Node and staking provisions

Section 30.1030 would have barred the state from prohibiting individuals from operating a node to connect to a blockchain protocol or from participating in staking. It also stated that businesses providing staking services would not be considered as offering a security or investment contract under state law, and that validators would not face liability for a specific transaction merely because they validated it while providing staking services.

Jurisdictional impact and contingent effective date

HB 2080 was a Missouri-only bill aimed at state treasury powers, governmental-entity payment acceptance and state-level treatment of node and staking activity. It did not create federal digital asset rules. The committee substitute also contained a contingent effective-date clause: Section A would become effective only if voters approved a constitutional amendment submitted by the General Assembly regarding the State Treasurer’s ability to invest in other reasonable and prudent financial instruments and securities. Because the bill did not pass, no effective date applies.

Status and timeline

HB 2080 was prefiled on December 1, 2025, read the first time on January 7, 2026, referred to the House Commerce Committee on February 19, 2026, heard publicly on February 25, 2026 and reported “do pass” with a House Committee Substitute on March 12, 2026. The House adjourned sine die at midnight on May 30, 2026. The bill record reviewed for this profile showed no further action after the committee report, so the profile treats the measure as expired after session adjournment, subject to editor review if the Missouri House updates the bill record differently.

Key provisions

Cryptocurrency reserve fund

Creates a dedicated state treasury fund with the State Treasurer as custodian; money in the fund would not revert to general revenue.

Government Crypto Holdings Source

Digital asset donations and custody

Permits gifts, grants, donations, bequests, or devises from eligible Missouri residents or governmental entities; assets would be held at least five years.

Custody Source

State investment authority

Gives the Treasurer authority to invest, purchase, and hold digital assets using state funds, subject to the bill’s contingent effective trigger.

Government Crypto Holdings Source

Governmental payment acceptance

Requires governmental entities to accept Department of Revenue-approved digital assets for taxes, fees, fines, and other payments; payers may cover service fees.

Payments Source

Node and staking protections

Bars state prohibition on node operation or staking participation and states that staking services are not securities or investment contracts under state law.

Staking Source

Contingent effective date

Section A would become effective only if voters approved a constitutional amendment on the Treasurer’s investment authority.

Effective trigger Source

Timeline

  1. Bill prefiled

    HB 2080 was prefiled in the Missouri House for the 2026 Regular Session.

    Proposed Source
  2. Read first time

    HB 2080 was read for the first time in the Missouri House.

    Introduced Source
  3. Referred to Commerce

    The bill was referred to the House Commerce Committee.

    In committee Source
  4. Public hearing completed

    House Commerce Committee public hearing completed.

    In committee Source
  5. HCS reported do pass

    House Commerce reported the committee substitute do pass, 6-2.

    In committee Source
  6. Session adjourned sine die

    The House adjourned sine die; no enactment was found for HB 2080.

    Expired Source

Who it affects

Actors

Missouri Department of Revenue, Missouri House of Representatives, Missouri State Treasurer

Asset classes

Bitcoin, Digital assets, Stablecoins

Official sources

Editorial note

The user-facing “Bitcoin Strategic Reserve Fund” label reflects earlier/public shorthand. The latest committee substitute uses “Cryptocurrency Strategic Reserve Fund” and broader digital-asset terminology. Status is mapped to Expired because the 2026 regular session adjourned sine die without enactment.