States are getting crypto‑curious

States are getting crypto‑curious

From Marketplace Tech by Marketplace

April 14, 2026 · 5 min

About this episode

This episode discusses the growing interest of state governments in investing in cryptocurrency.

State governments invest their money a lot like a person might. Some treasuries, some mutual funds, a dash of corporate bonds, all intended to grow over time. Now, some states are looking to cryptocurrency as an investment. In 2025, at least nineteen states considered laws allowing some state funds to be invested in digital assets. Three states — Texas, New Hampshire, and Arizona — actually passed laws around this, according to a review by the Pew Charitable Trusts. Marketplace’s Stephanie Hughes talked about this interest from states with Liz Farmer, senior officer at Pew Charitable Trusts, who explained why crypto is appealing to some state investors.

People in this episode

Host: Stephanie Hughes

Guest: Liz Farmer

Topics covered

  • cryptocurrency
  • state investment
  • digital assets
  • financial laws
  • government finance

Keywords

  • cryptocurrency
  • state investment
  • digital assets
  • Texas
  • New Hampshire
  • Arizona
  • Pew Charitable Trusts

Mentioned in this episode

Organizations: Pew Charitable Trusts

Places: Texas, New Hampshire, Arizona

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