Establishes the "Cryptocurrency Strategic Reserve Fund" for bitcoin contributions from Missouri residents.
Missouri HB2080 creates the "Cryptocurrency Strategic Reserve Fund" for bitcoin contributions from Missouri residents. The state treasurer manages the fund, ensuring secure storage and prohibiting transactions with foreign entities or illegal activities. The treasurer must hold bitcoin for at least five years before transfer or sale. The fund requires regular audits and a biennial report detailing the fund's status, including value, growth, and security threats. The treasurer may accept gifts and issue acknowledgment certificates for significant contributions.
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