West Virginia SB465 allows the Board of Treasury Investments to invest in precious metals, digital assets, and stablecoins, with specific guidelines.
West Virginia SB465, the Inflation Protection Act of 2025, amends the state code to allow the Board of Treasury Investments to invest in precious metals, digital assets with a market cap over 750 billion dollars, and stablecoins. Investments in these assets must not exceed 10% of the total public funds. The bill defines terms such as "digital asset," "private key," and "secure custody solution," and outlines how these assets should be held. It also allows the state Treasurer to engage in staking and loaning digital assets under certain conditions.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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