Maryland
Bitcoin States
Maryland has introduced multiple Bitcoin and digital asset bills, including legislation to study state investment in Bitcoin and to protect digital asset rights. The state is home to several Bitcoin companies and is subject to federal oversight from Washington D.C. Maryland's money transmission law requires licensing for virtual currency businesses.
Details
- State
- Maryland
- Status
- no_legislation
- Notable
- No Bitcoin reserve bills passed as of 2026
- Governor
- Wes Moore
- Known For
- D.C. proximity, federal oversight, Bitcoin company presence, state Bitcoin study bills
- Income Tax
- Yes
- Bill Number
- SB 584
- Description
- Maryland proposed SB 584 to allow state investments in Bitcoin ETFs. No formal legislation enacted as of early 2026.
- Abbreviation
- MD
- Notable Legislation
- Money transmission licensing for virtual currency businesses
- Bitcoin Mining Rights
- No
- Bitcoin Friendly Score
- low
More Bitcoin States
Arizona
Arizona signed limited Bitcoin reserve legislation allowing the state to hold Bitcoin from seized or forfeited assets, rather than purchasing it outright. This establishes a legal framework for Arizona to become a state Bitcoin holder through law enforcement activities. Arizona also considered more expansive Bitcoin reserve bills that would allow active treasury purchases, but these faced additional hurdles. Arizona's large retirement system (PSPRS) managing over $14 billion makes any state-level Bitcoin allocation strategically significant.
New Hampshire
New Hampshire became the first US state to sign a Bitcoin strategic reserve law into effect, with Governor Kelly Ayotte signing HB 302 in 2025. The law allows the state treasurer to invest up to 5% of certain state funds in Bitcoin and precious metals. Consistent with its "Live Free or Die" motto and libertarian political culture, New Hampshire also hosts the Free State Project — a movement of libertarians relocating to the state — many of whom are Bitcoin advocates.
Texas
One of the most Bitcoin-friendly states. Passed strategic Bitcoin reserve legislation and purchased ~$5M in BlackRock Bitcoin ETF (Nov 2025). Home to major mining operations and a supportive regulatory environment.
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