States Weigh Pros and Cons of Investing in Cryptocurrency

Once considered a fringe investment, cryptocurrency is beginning to make inroads into state and local government finance. In 2025 alone, at least 19 states considered or passed legislation that would allow a portion of state funds to be invested in digital assets or related investment products, according to a review by The Pew Charitable Trusts. Cryptocurrency is a form of digital currency that can be used to make payments, although it is more often treated as a high-risk investment. Source: https://www.pew.org/en/research-and-analysis/articles/2026/03/31/states-weigh-pros-and-cons-of-investing-in-cryptocurrency