This bill creates authority for the state treasurer to invest public funds in certain digital assets.
This bill:
- defines terms;
- authorizes the state treasurer to invest certain public funds in qualifying digital assets;
- establishes requirements for the custody and management of digital assets;
- creates regulatory requirements for stablecoin investments; and
- authorizes the state treasurer to engage in staking and lending of digital assets under specified conditions.

Statutes affected:
Introduced: 51-7-2
Substitute #1: 51-7-2
Substitute #2: 51-7-2