VirginiaCommonwealth Strategic Cryptocurrency Reserve Fund; established, report.
What it does
Commonwealth Strategic Cryptocurrency Reserve Fund established; report. Establishes the Commonwealth Strategic Cryptocurrency Reserve Fund (the Reserve Fund) in the Department of the Treasury for the purpose of investing in bitcoin or other cryptocurrency. The bill also establishes the Commonwealth Strategic Cryptocurrency Reserve Fund Advisory Committee for the purpose of advising the State Treasurer regarding the administration and management of the Reserve Fund.
More detail
Finally, the bill specifies that the State Treasurer shall submit to the General Assembly a biennial report on the content, administration, and management of the Reserve Fund.
Where do you stand?
Choose your position
Tell your reps
Take a position to see your representatives and ways to contact them.
Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Feb 4Passed by indefinitely in General Laws and Technology (13-Y 2-N)Latest
- Vote recorded Passed by indefinitely in General Laws and Technology. Result: pass.Upper
- Jan 21Fiscal Impact Statement from Department of Planning and Budget (SB557)
- Jan 14Referred to Committee on General Laws and TechnologyMinor
- Jan 14Prefiled and ordered printed; Offered 01-14-2026 26100797DIntroduced
- Feb 4Passed by indefinitely in General Laws and Technology (13-Y 2-N)Latest