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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. 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.
Introduced
Jan 14, 2026
Last Action
Feb 4, 2026
Session
VA 2026
Sponsors
1 primary · 0 co
Passed by indefinitely in General Laws and Technology (13-Y 2-N)
Fiscal Impact Statement from Department of Planning and Budget (SB557)
Prefiled and ordered printed; Offered 01-14-2026 26100797D
Referred to Committee on General Laws and Technology
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Passed by indefinitely in General Laws and Technology (13-Y 2-N)
Bryce E. Reeves