Lawmakers in West Virginia and Arizona are advancing proposals to test Bitcoin inside state public-finance frameworks. One measure would restrict eligible digital assets to those above a $750 billion market cap and is now in committee review.
NEW: West Virginia Introduces Bitcoin & Gold Treasury Bill
West Virginia lawmakers have introduced Senate Bill 143, the Inflation Protection Act of 2026, which would allow the state Treasury to allocate a portion of state funds to Bitcoin and gold as an inflation hedge.
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In West Virginia, SB 143, the Inflation Protection Act of 2026, would let the state treasury allocate up to 10% into inflation-protection assets, including physical gold, approved stablecoins and Bitcoin as the only qualifying crypto asset. In Arizona, SB 1043 would allow agencies to accept Bitcoin for taxes, fees and fines but convert receipts to U.S. dollars immediately, while SB 1042 would permit up to 10% of certain public funds to back a strategic Bitcoin reserve.
The near-term watch item is whether committees move these bills toward floor votes and whether custody, conversion and reporting requirements are clarified, turning pilots into repeatable operating models.
Source: BitcoinNewsCom (X); public-finance policy report.
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