ARIZONA
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đ¨BREAKING: Arizona just vetoed its Strategic Bitcoin Reserve bill!
Gov. Katie Hobbs calls #Bitcoin âuntestedâ â while Wall Street stacks sats and ETFs explode.
Are they sleeping on the future? Or playing politics?
#USPolitics #FOMCMeeting #BitcoinReserveDeadline #StrategicBTCReserve #Arizona
Gov. Katie Hobbs calls #Bitcoin âuntestedâ â while Wall Street stacks sats and ETFs explode.
Are they sleeping on the future? Or playing politics?
#USPolitics #FOMCMeeting #BitcoinReserveDeadline #StrategicBTCReserve #Arizona
đ¨đşđ¸#FLORIDA SCRAPS BITCOIN #RESERVE BILL â MORE STATES EXIT CRYPTO LEGISLATION RACE
đšFloridaâs HB 487 & SB 550 to invest up to 10% of state funds in Bitcoin were indefinitely postponed.
đšDecision followed legislature adjournment on May 2 without progressing the bills.
đšFlorida now joins Wyoming, North/South Dakota, Pennsylvania, Montana, and Oklahoma in shelving similar crypto reserve proposals.
#Arizona remains active, with:
đšHB 2749: Proposes using unclaimed fundsâ profits for budget-neutral BTC reserves.
đšSB 1373: Authorizes 10% of state funds for digital assets.
$BTC
đšFloridaâs HB 487 & SB 550 to invest up to 10% of state funds in Bitcoin were indefinitely postponed.
đšDecision followed legislature adjournment on May 2 without progressing the bills.
đšFlorida now joins Wyoming, North/South Dakota, Pennsylvania, Montana, and Oklahoma in shelving similar crypto reserve proposals.
#Arizona remains active, with:
đšHB 2749: Proposes using unclaimed fundsâ profits for budget-neutral BTC reserves.
đšSB 1373: Authorizes 10% of state funds for digital assets.
$BTC
đ¨đşđ¸Arizona #Governor Vetoes Bitcoin Reserve #Bill SB 1025
đšBill Rejected: Governor Katie Hobbs #vetoed SB 1025, which proposed allocating state reserves to $BTC investments.
đšReason Cited: Hobbs said #retirement funds shouldn't be used for âuntested investments like virtual currency.â
đšOverride Unlikely: The legislature would need a two-thirds majority to overturn the veto, but current vote margins (House: 31â25, Senate: 17â11) fall short.
$BTC $ETH
đšBill Rejected: Governor Katie Hobbs #vetoed SB 1025, which proposed allocating state reserves to $BTC investments.
đšReason Cited: Hobbs said #retirement funds shouldn't be used for âuntested investments like virtual currency.â
đšOverride Unlikely: The legislature would need a two-thirds majority to overturn the veto, but current vote margins (House: 31â25, Senate: 17â11) fall short.
$BTC $ETH
Arizona Governor Katie Hobbs has vetoed Senate Bill 1025, which aimed to establish the state's first-ever Bitcoin reserve. The legislation, which had passed both the Arizona House and Senate with a 31-25 vote, would have allowed the state to invest seized funds into Bitcoin and create a digital assets reserve managed by state officials.
In her veto message, Hobbs described Bitcoin as an 'untested investment,' expressing concerns about using Arizonans' retirement funds for such purposes. She emphasized that the Arizona State Retirement System should focus on sound and informed investments.
#Arizona #ArizonaBTCReserves #BTC #investments #crypto
In her veto message, Hobbs described Bitcoin as an 'untested investment,' expressing concerns about using Arizonans' retirement funds for such purposes. She emphasized that the Arizona State Retirement System should focus on sound and informed investments.
#Arizona #ArizonaBTCReserves #BTC #investments #crypto
đ¨BREAKING: Arizona Governor Katie Hobbs
has blocked the proposed Strategic Bitcoin
Reserve legislation.
In her veto statement, Hobbs dismissed
Bitcoin as an âuntested investment.â
#Arizona #Fahadali786
has blocked the proposed Strategic Bitcoin
Reserve legislation.
In her veto statement, Hobbs dismissed
Bitcoin as an âuntested investment.â
#Arizona #Fahadali786
Arizona Governor Vetoes Crypto Investment Bill â XRP, BTC & ETH Off the Table (For Now)
Fellow Binancians,
In a significant development for U.S. crypto policy, Arizona Governor Katie Hobbs has vetoed a bill that would have allowed the state to invest in XRP, Bitcoin (BTC), and Ethereum (ETH). This decision has sparked renewed discussion about how digital assets fit into public finance and government treasuries.
Key Takeaways:
Governor Hobbs Blocks Public Crypto Investment
The bill aimed to authorize Arizonaâs treasury to hold crypto like XRP, BTC, and ETH.
The veto reflects caution amid ongoing regulatory uncertainty.
Missed Opportunity or Prudent Caution?
Supporters saw it as a step toward fiscal innovation.
Critics cited volatility and lack of clear federal regulation.
Governor Hobbs sided with a conservative approach to public fund risk.
All Eyes Now on SB1373
Another crypto-related bill, SB1373, is still alive in the legislature.
Its details remain unclear but may offer a revised path toward digital asset integration in state finance.
National Trend â States Split on Crypto Policy
While states like Texas and Wyoming lead pro-crypto regulation, Arizona takes a more cautious path.
This reflects the fragmented landscape of U.S. digital asset policy.
The Road Ahead
Crypto institutional adoption at the government level faces political hurdles.
As the industry grows, pressure will mount for states to adapt or risk falling behind.
Disclaimer: This post is for informational purposes only and does not constitute financial advice.
#Arizona #CryptoPolicy #DeFi #CryptoRegulation #SB1373
Fellow Binancians,
In a significant development for U.S. crypto policy, Arizona Governor Katie Hobbs has vetoed a bill that would have allowed the state to invest in XRP, Bitcoin (BTC), and Ethereum (ETH). This decision has sparked renewed discussion about how digital assets fit into public finance and government treasuries.
Key Takeaways:
Governor Hobbs Blocks Public Crypto Investment
The bill aimed to authorize Arizonaâs treasury to hold crypto like XRP, BTC, and ETH.
The veto reflects caution amid ongoing regulatory uncertainty.
Missed Opportunity or Prudent Caution?
Supporters saw it as a step toward fiscal innovation.
Critics cited volatility and lack of clear federal regulation.
Governor Hobbs sided with a conservative approach to public fund risk.
All Eyes Now on SB1373
Another crypto-related bill, SB1373, is still alive in the legislature.
Its details remain unclear but may offer a revised path toward digital asset integration in state finance.
National Trend â States Split on Crypto Policy
While states like Texas and Wyoming lead pro-crypto regulation, Arizona takes a more cautious path.
This reflects the fragmented landscape of U.S. digital asset policy.
The Road Ahead
Crypto institutional adoption at the government level faces political hurdles.
As the industry grows, pressure will mount for states to adapt or risk falling behind.
Disclaimer: This post is for informational purposes only and does not constitute financial advice.
#Arizona #CryptoPolicy #DeFi #CryptoRegulation #SB1373
#Arizona
Arizona's Bitcoin Reserve Bill Halted by Governor
Governor Katie Hobbs vetoed a proposed bill aiming to allow Arizona to hold Bitcoin as part of state reserves. The decision was based on concerns regarding cryptocurrency risks. Hobbs stated, "Virtual currency is an 'untested' investment."
The legislation, supported by Arizona State Senator Wendy Rogers, would have allowed investments in virtual currencies by the state treasury and retirement systems.
Arizona's Bitcoin Reserve Bill Halted by Governor
Governor Katie Hobbs vetoed a proposed bill aiming to allow Arizona to hold Bitcoin as part of state reserves. The decision was based on concerns regarding cryptocurrency risks. Hobbs stated, "Virtual currency is an 'untested' investment."
The legislation, supported by Arizona State Senator Wendy Rogers, would have allowed investments in virtual currencies by the state treasury and retirement systems.
Arizona Governor Blocks Stateâs Attempt to Invest in Bitcoin
Looks like #Arizona wonât be adding Bitcoin to its reserves anytime soon.
Governor Katie Hobbs just vetoed Senate Bill 1025âa proposal that wouldâve let the state invest in $BTC using seized funds. If it had gone through, Arizona would've been the first U.S. state to officially hold Bitcoin as part of its financial reserves. Pretty bold move, but not everyone was on board.
The bill had just barely passed in the House with a 31â25 vote before landing on Hobbsâ desk, where she shut it down fast.
In her statement, Hobbs explained her reasoning: âThe #Arizona State Retirement System is one of the strongest in the nation because it makes sound and informed investments. Arizonans' retirement funds are not the place for the state to try untested investments like virtual currency.â
Fair pointâcrypto still isnât exactly mainstream when it comes to government treasuries. But this bill couldâve been a game-changer. If passed, it mightâve even moved faster than the U.S. Treasury in establishing a #ceypto reserve.
So for now, Arizonaâs #bitcoin dreams are on hold. But with other states exploring similar moves, this definitely wonât be the last time we hear about public crypto reserves.
Governor Katie Hobbs just vetoed Senate Bill 1025âa proposal that wouldâve let the state invest in $BTC using seized funds. If it had gone through, Arizona would've been the first U.S. state to officially hold Bitcoin as part of its financial reserves. Pretty bold move, but not everyone was on board.
The bill had just barely passed in the House with a 31â25 vote before landing on Hobbsâ desk, where she shut it down fast.
In her statement, Hobbs explained her reasoning: âThe #Arizona State Retirement System is one of the strongest in the nation because it makes sound and informed investments. Arizonans' retirement funds are not the place for the state to try untested investments like virtual currency.â
Fair pointâcrypto still isnât exactly mainstream when it comes to government treasuries. But this bill couldâve been a game-changer. If passed, it mightâve even moved faster than the U.S. Treasury in establishing a #ceypto reserve.
So for now, Arizonaâs #bitcoin dreams are on hold. But with other states exploring similar moves, this definitely wonât be the last time we hear about public crypto reserves.
Arizona Governor Vetoes Strategic Bitcoin Reserve Bill! đ°
Arizona Governor Katie Hobbs has vetoed the stateâs proposed legislation to establish a Strategic $BTC Reserve.....
Read full here: https://coinmarketcap.com/community/share/post/358083359
#StrategicReserve #Arizona #Bitcoin
Arizona Governor Katie Hobbs has vetoed the stateâs proposed legislation to establish a Strategic $BTC Reserve.....
Read full here: https://coinmarketcap.com/community/share/post/358083359
#StrategicReserve #Arizona #Bitcoin
đ¨ Bitcoin Hits $1.2B Sell-Wall as Arizona Blocks Crypto Reserve Bill
đ $BTC rally stalled near $98,000 after Arizonaâs surprise veto on adopting crypto reserves dampened market sentiment.
đ With a massive sell-wall ahead, all eyes are on whether Bitcoin can break through or face a deeper pullback.
#Bitcoin #Crypto #Markets #Arizona #Blockchain
đ $BTC rally stalled near $98,000 after Arizonaâs surprise veto on adopting crypto reserves dampened market sentiment.
đ With a massive sell-wall ahead, all eyes are on whether Bitcoin can break through or face a deeper pullback.
#Bitcoin #Crypto #Markets #Arizona #Blockchain
Arizona Governor Vetoes Bitcoin Reserve Bill â
Arizona Governor Katie Hobbs vetoed a bill that wouldâve allowed the state to invest seized funds in Bitcoin, calling it an âuntested investmentâ and too risky for public money.
#Arizona #BitcoinReserve
Arizona Governor Katie Hobbs vetoed a bill that wouldâve allowed the state to invest seized funds in Bitcoin, calling it an âuntested investmentâ and too risky for public money.
#Arizona #BitcoinReserve
đ¨ Blow to Bitcoin?
đşđ¸ Arizona Governor Katie Hobbs has vetoed Senate Bill 1025, which would have allowed state retirement funds to invest in crypto assets like Bitcoin.
đ˘ Hobbs cited the need to protect one of the nationâs strongest retirement systems, calling crypto âuntestedâ and too risky for pension portfolios.
đ This marks a major moment in the ongoing debate over cryptoâs role in institutional finance.
#Bitcoin #Crypto #Regulation #Arizona
đşđ¸ Arizona Governor Katie Hobbs has vetoed Senate Bill 1025, which would have allowed state retirement funds to invest in crypto assets like Bitcoin.
đ˘ Hobbs cited the need to protect one of the nationâs strongest retirement systems, calling crypto âuntestedâ and too risky for pension portfolios.
đ This marks a major moment in the ongoing debate over cryptoâs role in institutional finance.
#Bitcoin #Crypto #Regulation #Arizona
Arizona Governor Blocks Crypto Reserve Bill Amid Bitcoin Sell-Wall
Bitcoin is currently under intense selling pressure, facing a $1.2 billion sell-wall, while Arizona's governor has blocked a crypto reserve bill, affecting market conditions as of May 3, 2025.
The stalled crypto reserve bill in Arizona highlights ongoing regulatory challenges, with Bitcoin facing increased market resistance. Uncertainty prevails, impacting Bitcoin's ability to breach $98,000.
Bitcoin's price is under scrutiny as a substantial $1.2 billion sell-order restricts growth. The Arizona governor's decision to block a crypto reserve bill compounds market complexity. The governor's move against the bill has created notable resistance in advancing Bitcoin regulations. As the Arizona Governor stated,
The highly publicized $1.2B sell-wall adds pressure on Bitcoin, hindering its climb past the $98,000 mark toward $100,000. Despite significant institutional purchases by firms like Twenty One Capital, market conditions remain volatile.
Cryptocurrency marketsâparticularly Bitcoinâshow signs of stress with high sell pressures, affecting trading momentum. Experts suggest caution, with market sentiment fragile amid regulatory uncertainty. Political actions in Arizona have led to distrust in crypto markets, influencing investor behavior. Resistance against Bitcoin's upward move impacts strategic investment decisions, reflecting broader industry challenges.
Historical market data indicates continued volatility, highlighting institutional involvement amidst regulatory hurdles. With evolving regulatory landscapes in states like Arizona, financial forecastings remain cautious, projecting potential legal reforms impacting crypto markets. Amidst ongoing sell pressure, regulatory clarity becomes pivotal in shaping future market landscapes. Bybit CEO Ben Zhou's recent handling of a significant hack provides a perspective on crisis management, emphasizing the need for robust security frameworks.
$BTC
#bybit
#Arizona
#Reserve
The stalled crypto reserve bill in Arizona highlights ongoing regulatory challenges, with Bitcoin facing increased market resistance. Uncertainty prevails, impacting Bitcoin's ability to breach $98,000.
Bitcoin's price is under scrutiny as a substantial $1.2 billion sell-order restricts growth. The Arizona governor's decision to block a crypto reserve bill compounds market complexity. The governor's move against the bill has created notable resistance in advancing Bitcoin regulations. As the Arizona Governor stated,
The highly publicized $1.2B sell-wall adds pressure on Bitcoin, hindering its climb past the $98,000 mark toward $100,000. Despite significant institutional purchases by firms like Twenty One Capital, market conditions remain volatile.
Cryptocurrency marketsâparticularly Bitcoinâshow signs of stress with high sell pressures, affecting trading momentum. Experts suggest caution, with market sentiment fragile amid regulatory uncertainty. Political actions in Arizona have led to distrust in crypto markets, influencing investor behavior. Resistance against Bitcoin's upward move impacts strategic investment decisions, reflecting broader industry challenges.
Historical market data indicates continued volatility, highlighting institutional involvement amidst regulatory hurdles. With evolving regulatory landscapes in states like Arizona, financial forecastings remain cautious, projecting potential legal reforms impacting crypto markets. Amidst ongoing sell pressure, regulatory clarity becomes pivotal in shaping future market landscapes. Bybit CEO Ben Zhou's recent handling of a significant hack provides a perspective on crisis management, emphasizing the need for robust security frameworks.
$BTC
#bybit
#Arizona
#Reserve
đ Bitcoin Price Now Facing $1.2B Sell-Wall as Arizona Governor Blocks Crypto Reserve Bill
Bitcoin price rally halted at $97,800 on Saturday, as markets reacted to a major update in Arizona stateâs cryptocurrency reserve adoption.
Bitcoinâs upward momentum faced unexpected headwinds this week following a political setback in Arizona. Governor Katie Hobbs formally vetoed Senate Bill 1025, which sought to allow the state to invest public funds in Bitcoin.
This move came just days after the bill passed the Arizona House, signaling bipartisan momentum toward crypto adoption at the state level.
Citing fiduciary risk, Hobbs emphasized that Arizonaâs retirement system remains one of the nationâs strongest precisely because it avoids âuntestedâ assets like virtual currency.
This development aligns Arizona with several other states, Oklahoma, Montana, and Wyoming, where similar crypto bills have faltered.
The bill had proposed establishing a Digital Assets Strategic Reserve using seized state funds and upto 10% of the state Treasury.
Hobbsâ veto marks a significant reversal, especially as the state legislature had edged closer to positioning Arizona as the first U.S. state to adopt Bitcoin as a reserve asset.
Looking forward, another related proposal, SB1373, still awaits a final vote and may reopen the conversation if it garners enough legislative support.
#BTCRebound #StrategicBTCReserve #Arizona #Sell
Bitcoin price rally halted at $97,800 on Saturday, as markets reacted to a major update in Arizona stateâs cryptocurrency reserve adoption.
Bitcoinâs upward momentum faced unexpected headwinds this week following a political setback in Arizona. Governor Katie Hobbs formally vetoed Senate Bill 1025, which sought to allow the state to invest public funds in Bitcoin.
This move came just days after the bill passed the Arizona House, signaling bipartisan momentum toward crypto adoption at the state level.
Citing fiduciary risk, Hobbs emphasized that Arizonaâs retirement system remains one of the nationâs strongest precisely because it avoids âuntestedâ assets like virtual currency.
This development aligns Arizona with several other states, Oklahoma, Montana, and Wyoming, where similar crypto bills have faltered.
The bill had proposed establishing a Digital Assets Strategic Reserve using seized state funds and upto 10% of the state Treasury.
Hobbsâ veto marks a significant reversal, especially as the state legislature had edged closer to positioning Arizona as the first U.S. state to adopt Bitcoin as a reserve asset.
Looking forward, another related proposal, SB1373, still awaits a final vote and may reopen the conversation if it garners enough legislative support.
#BTCRebound #StrategicBTCReserve #Arizona #Sell
**đ¨ Arizona Rejects Bitcoin Reserve Plan â What This Means for Crypto**
*Governor Vetoes SB 1025, Calling BTC "Untested" â Market Impact Ahead?*
### **đĽ Breaking News**
â **Arizonaâs Bitcoin Reserve Bill Vetoed** â Gov. Hobbs rejects **SB 1025**
đŹ **Reason:** "*Bitcoin is an untested investment*" â Too risky for state funds
âď¸ **Pending Bill:** **SB 1373** (BTC airdrops/staking) still in play
---
### **đ Market Implications**
- **Short-Term:** Minor sentiment hit, but **$BTC price holds steady**
- **Long-Term:** Sets back **U.S. state-level crypto adoption**
- **Key Question:** Will other states follow Arizonaâs cautious stance?
---
### **đĄ Why This Matters**
1ď¸âŁ **Political Divide:** Bipartisan support wasnât enough to override veto
2ď¸âŁ **Regulatory Signal:** Governments still wary of **BTC as treasury asset**
3ď¸âŁ **Contrast to Trump:** Federal push for **BTC reserves** vs. state rejection
---
### **đ Bitcoin Price Outlook**
- **Current Price:** **$XX,XXX** (Unfazed by news)
- **Next Catalyst:** Fed policy, ETF inflows, **SB 1373 decision**
- **Key Levels:**
- Support: **$XX,000**
- Resistance: **$XX,000**
---
### **⥠Trading Strategy**
- **BTC Holders:** No need to panic â macro trends still bullish
- **Altcoins:** Watch for **policy-sensitive tokens** ($XRP, $SOL)
- **Long-Term:** State adoption = slow burn, not dead
---
### **đ˘ CALL TO ACTION!**
đ **Follow for more crypto policy updates!**
đŹ **Comment:** Should states invest in Bitcoin?
đ **Trade $BTC on Binance!** đ [Start Trading](https://www.binance.com)
*DYOR â Politics moves slower than crypto markets!*
**#bitcoin #BTC #Arizona #CryptoRegulation #tothemoon ** đđ
*Governor Vetoes SB 1025, Calling BTC "Untested" â Market Impact Ahead?*
### **đĽ Breaking News**
â **Arizonaâs Bitcoin Reserve Bill Vetoed** â Gov. Hobbs rejects **SB 1025**
đŹ **Reason:** "*Bitcoin is an untested investment*" â Too risky for state funds
âď¸ **Pending Bill:** **SB 1373** (BTC airdrops/staking) still in play
---
### **đ Market Implications**
- **Short-Term:** Minor sentiment hit, but **$BTC price holds steady**
- **Long-Term:** Sets back **U.S. state-level crypto adoption**
- **Key Question:** Will other states follow Arizonaâs cautious stance?
---
### **đĄ Why This Matters**
1ď¸âŁ **Political Divide:** Bipartisan support wasnât enough to override veto
2ď¸âŁ **Regulatory Signal:** Governments still wary of **BTC as treasury asset**
3ď¸âŁ **Contrast to Trump:** Federal push for **BTC reserves** vs. state rejection
---
### **đ Bitcoin Price Outlook**
- **Current Price:** **$XX,XXX** (Unfazed by news)
- **Next Catalyst:** Fed policy, ETF inflows, **SB 1373 decision**
- **Key Levels:**
- Support: **$XX,000**
- Resistance: **$XX,000**
---
### **⥠Trading Strategy**
- **BTC Holders:** No need to panic â macro trends still bullish
- **Altcoins:** Watch for **policy-sensitive tokens** ($XRP, $SOL)
- **Long-Term:** State adoption = slow burn, not dead
---
### **đ˘ CALL TO ACTION!**
đ **Follow for more crypto policy updates!**
đŹ **Comment:** Should states invest in Bitcoin?
đ **Trade $BTC on Binance!** đ [Start Trading](https://www.binance.com)
*DYOR â Politics moves slower than crypto markets!*
**#bitcoin #BTC #Arizona #CryptoRegulation #tothemoon ** đđ
See original
The reactions of bitcoiners were swift following the Bitcoin ban by Arizona Governor Katie Hobbs.
đA decision that has been described as "regrettable" by Senator Wendy Rogers: "Politicians do not understand that Bitcoin does not need Arizona. Arizona needs Bitcoin. I will reintroduce my bill in the next session".
đ§The governor's measure "will age poorly," said developer Jameson Lopp. Bitcoin advocate Anthony Pompliano also expressed his stance: "the ignorance of politicians believing they can make investment decisions".
Do you think they will manage to reverse Hobbs' decision?
#Arizona #btc
đA decision that has been described as "regrettable" by Senator Wendy Rogers: "Politicians do not understand that Bitcoin does not need Arizona. Arizona needs Bitcoin. I will reintroduce my bill in the next session".
đ§The governor's measure "will age poorly," said developer Jameson Lopp. Bitcoin advocate Anthony Pompliano also expressed his stance: "the ignorance of politicians believing they can make investment decisions".
Do you think they will manage to reverse Hobbs' decision?
#Arizona #btc
See original
**đ¨ ARIZONA GOVERNOR REJECTS BITCOIN PENSION PLAN â WHAT DOES IT MEAN FOR $BTC? đ¨**
**đĽ FOMO ALERT! IS THIS A TURNING POINT FOR CRYPTO?**
**Hello, Crypto Warriors!** đ° Recently, **Arizona Governor Katie Hobbs vetoed a bill that would allow state pension funds to invest in Bitcoin ($BTC)**. What is the impact on the crypto market?
đ **IMPORTANT FACTS:**
â **BILL SB 1025 has been approved by the legislature** â but **vetoed by the Governor** citing **âhigh risk.â**
â **Arizona's pension funds have $50 BILLION in assets** â the potential **large inflow to $BTC has failed (for now)!**
â **The Governor calls crypto âunprovenâ** â but **is it just a matter of time?**
**đ BULLISH OR BEARISH FOR $BTC?**
đ¸ **This rejection is not the end of the story!** Several other states (like Texas & Florida) are still **pro-crypto.**
đ¸ **Major institutions like BlackRock & Fidelity are already in Bitcoin ETF** â **Arizona may join, but not right now!**
đ¸ **The price of $BTC remains stable above $60K** â **accumulation by whales continues!**
**đĄ FOR BEGINNERS & PRO TRADERS:**
- **This is not bad news!** It actually shows that **crypto regulation is still evolving.**
- **If Arizona eventually agrees in the future**, this could be a **major catalyst for $BTC!**
- **Donât panic!** **Bitcoin remains the strongest digital asset** â **buying on correction could be a golden opportunity!**
**đŻ ACTION PLAN NOW:**
1ď¸âŁ **Click $BTC & $ETH to monitor price movements!**
2ď¸âŁ **Watch for regulatory developments in other states!**
3ď¸âŁ **Accumulate Bitcoin now â before prices rebound!**
**đŹ COMMENT BELOW:**
**Do you think the Arizona Governor's decision will affect the price of $BTC in the long term?**
**đ˘ SHARE with other traders â discuss the opportunities & risks!**
**#bitcoin #BTC #crypto #regulasi #Arizona ** đđĽ
**đ BITCOIN REMAINS KING! DONâT MISS THE NEXT PUMP!**
**đĽ FOMO ALERT! IS THIS A TURNING POINT FOR CRYPTO?**
**Hello, Crypto Warriors!** đ° Recently, **Arizona Governor Katie Hobbs vetoed a bill that would allow state pension funds to invest in Bitcoin ($BTC)**. What is the impact on the crypto market?
đ **IMPORTANT FACTS:**
â **BILL SB 1025 has been approved by the legislature** â but **vetoed by the Governor** citing **âhigh risk.â**
â **Arizona's pension funds have $50 BILLION in assets** â the potential **large inflow to $BTC has failed (for now)!**
â **The Governor calls crypto âunprovenâ** â but **is it just a matter of time?**
**đ BULLISH OR BEARISH FOR $BTC?**
đ¸ **This rejection is not the end of the story!** Several other states (like Texas & Florida) are still **pro-crypto.**
đ¸ **Major institutions like BlackRock & Fidelity are already in Bitcoin ETF** â **Arizona may join, but not right now!**
đ¸ **The price of $BTC remains stable above $60K** â **accumulation by whales continues!**
**đĄ FOR BEGINNERS & PRO TRADERS:**
- **This is not bad news!** It actually shows that **crypto regulation is still evolving.**
- **If Arizona eventually agrees in the future**, this could be a **major catalyst for $BTC!**
- **Donât panic!** **Bitcoin remains the strongest digital asset** â **buying on correction could be a golden opportunity!**
**đŻ ACTION PLAN NOW:**
1ď¸âŁ **Click $BTC & $ETH to monitor price movements!**
2ď¸âŁ **Watch for regulatory developments in other states!**
3ď¸âŁ **Accumulate Bitcoin now â before prices rebound!**
**đŹ COMMENT BELOW:**
**Do you think the Arizona Governor's decision will affect the price of $BTC in the long term?**
**đ˘ SHARE with other traders â discuss the opportunities & risks!**
**#bitcoin #BTC #crypto #regulasi #Arizona ** đđĽ
**đ BITCOIN REMAINS KING! DONâT MISS THE NEXT PUMP!**
See original
**đ¨ ARIZONA GOVERNOR VETOES BITCOIN BILL! HERE'S THE IMPACT ON $BTC đ¨**
đĽ **"Bitcoin Is Too Risky for Pension Funds!"**
Arizona Governor **Katie Hobbs** vetoed the Bitcoin reserve bill ($BTC) despite it passing a tight vote in the legislature!
đ **IMPORTANT FACTS:**
âŞď¸ **SB1025 BILL** would have allowed the state to hold $BTC from seized funds
âŞď¸ Rejected as it was deemed **"an untested investment"** for pension funds
âŞď¸ **North Carolina is moving forward** with a similar bill (5% allocation to crypto)
đĄ **WHY IS THIS IMPORTANT?**
1ď¸âŁ **Politics vs Innovation**: Bitcoin is becoming a partisan debate
2ď¸âŁ **Signal to regulators**: A clearer framework is needed
3ď¸âŁ **$BTC remains stable at $96K** â Shows resilience against FUD
đŻ **TRADER STRATEGY:**
â **Monitor similar bills in North Carolina**
â **$BTC is still in the accumulation zone** before the halving effect
â **Altcoins ($ETH, $SOL) could receive funding** if $BTC goes sideways
â ď¸ **WARNING:**
This is not the end of $BTC's journey at the state level!
âŞď¸ **Wyoming & Texas** are still pro-crypto
âŞď¸ **Trump promises Bitcoin reserves** if elected
đ **CHECK $BTC PRICE NOW!**
**$BTC $ETH $SOL**
đŹ **COMMENT BELOW!**
Do you agree with Arizona Governor's veto? **Is $BTC still the future or too risky?** đ
#bitcoin #RegulasiCrypto #Arizona #ToTheMoonđ⨠đ
đĽ **BONUS ANALYSIS:**
Although rejected, **this bill is evidence of growing adoption**:
⸠Other states will continue to try
⸠**Institutions are increasingly unable to ignore $BTC**
⸠Prices could **rally strongly** once new positive news arises
**â ď¸ Disclaimer:** Not financial advice. Crypto investment risks are high!**
đĽ **"Bitcoin Is Too Risky for Pension Funds!"**
Arizona Governor **Katie Hobbs** vetoed the Bitcoin reserve bill ($BTC) despite it passing a tight vote in the legislature!
đ **IMPORTANT FACTS:**
âŞď¸ **SB1025 BILL** would have allowed the state to hold $BTC from seized funds
âŞď¸ Rejected as it was deemed **"an untested investment"** for pension funds
âŞď¸ **North Carolina is moving forward** with a similar bill (5% allocation to crypto)
đĄ **WHY IS THIS IMPORTANT?**
1ď¸âŁ **Politics vs Innovation**: Bitcoin is becoming a partisan debate
2ď¸âŁ **Signal to regulators**: A clearer framework is needed
3ď¸âŁ **$BTC remains stable at $96K** â Shows resilience against FUD
đŻ **TRADER STRATEGY:**
â **Monitor similar bills in North Carolina**
â **$BTC is still in the accumulation zone** before the halving effect
â **Altcoins ($ETH, $SOL) could receive funding** if $BTC goes sideways
â ď¸ **WARNING:**
This is not the end of $BTC's journey at the state level!
âŞď¸ **Wyoming & Texas** are still pro-crypto
âŞď¸ **Trump promises Bitcoin reserves** if elected
đ **CHECK $BTC PRICE NOW!**
**$BTC $ETH $SOL**
đŹ **COMMENT BELOW!**
Do you agree with Arizona Governor's veto? **Is $BTC still the future or too risky?** đ
#bitcoin #RegulasiCrypto #Arizona #ToTheMoonđ⨠đ
đĽ **BONUS ANALYSIS:**
Although rejected, **this bill is evidence of growing adoption**:
⸠Other states will continue to try
⸠**Institutions are increasingly unable to ignore $BTC**
⸠Prices could **rally strongly** once new positive news arises
**â ď¸ Disclaimer:** Not financial advice. Crypto investment risks are high!**
See original
đ¨ **ARIZONA GOVERNOR VETOES BITCOIN BILL! WHAT DOES IT MEAN FOR $BTC?** đ¨
đĽ **"BITCOIN IS TOO RISKY FOR PENSION FUNDS!"**
Arizona Governor **Katie Hobbs** just vetoed a bill that would allow the state to **invest $BTC from seized funds**!
đ **IMPORTANT FACTS:**
âŞď¸ **BILL SB 1025** has passed the Arizona House (31-25)
âŞď¸ But the Governor said: **"$BTC investment is untested!"**
âŞď¸ In fact, **$BTC has been recognized as a commodity by the CFTC & SEC**
đĄ **WHY DOES THIS MATTER?**
1ď¸âŁ **Arizona could be the FIRST state to hold $BTC** (even faster than the US Treasury!)
2ď¸âŁ **This rejection influences political sentiment** towards crypto
3ď¸âŁ **$BTC remains stable at $96K** despite negative news â **a BULLISH sign!**
đŻ **TRADER STRATEGY:**
â **$BTC remains a strong hold!** Fundamentals are still strong with ETFs & halving
â **Altcoins ($ETH, $SOL) could receive funding flows** if $BTC goes sideways
â **Monitor regulatory developments in other states!** Texas & Florida may be next
đ **CHECK $BTC PRICE NOW!**
**$BTC $ETH $SOL**
đŹ **COMMENT BELOW!**
Do you agree with the Arizona Governor's decision? **Is $BTC still safe for long-term investment?** đ
#bitcoin #RegulasiCrypto #Arizona #tothemoon đ
â ď¸ **Disclaimer:** This is not financial advice. Always do your own research before investing!
**đĽ BONUS FOR READERS:**
Even though it was rejected, **this bill is evidence of the growing adoption of crypto at the governmental level!** đ
**$BTC is still king of crypto!** đŞ
**đ LIKE & SHARE if you agree $BTC will reach $100K this week!**
đĽ **"BITCOIN IS TOO RISKY FOR PENSION FUNDS!"**
Arizona Governor **Katie Hobbs** just vetoed a bill that would allow the state to **invest $BTC from seized funds**!
đ **IMPORTANT FACTS:**
âŞď¸ **BILL SB 1025** has passed the Arizona House (31-25)
âŞď¸ But the Governor said: **"$BTC investment is untested!"**
âŞď¸ In fact, **$BTC has been recognized as a commodity by the CFTC & SEC**
đĄ **WHY DOES THIS MATTER?**
1ď¸âŁ **Arizona could be the FIRST state to hold $BTC** (even faster than the US Treasury!)
2ď¸âŁ **This rejection influences political sentiment** towards crypto
3ď¸âŁ **$BTC remains stable at $96K** despite negative news â **a BULLISH sign!**
đŻ **TRADER STRATEGY:**
â **$BTC remains a strong hold!** Fundamentals are still strong with ETFs & halving
â **Altcoins ($ETH, $SOL) could receive funding flows** if $BTC goes sideways
â **Monitor regulatory developments in other states!** Texas & Florida may be next
đ **CHECK $BTC PRICE NOW!**
**$BTC $ETH $SOL**
đŹ **COMMENT BELOW!**
Do you agree with the Arizona Governor's decision? **Is $BTC still safe for long-term investment?** đ
#bitcoin #RegulasiCrypto #Arizona #tothemoon đ
â ď¸ **Disclaimer:** This is not financial advice. Always do your own research before investing!
**đĽ BONUS FOR READERS:**
Even though it was rejected, **this bill is evidence of the growing adoption of crypto at the governmental level!** đ
**$BTC is still king of crypto!** đŞ
**đ LIKE & SHARE if you agree $BTC will reach $100K this week!**
See original
#Arizona
Arizona Strategic Digital Asset Reserve Bill Senate Bill 1373đŻ
This bill seeks to establish a Strategic Digital Asset Reserve Fund for the state of Arizona. This fund would be composed of
âĄď¸Money allocated by the legislature.
âĄď¸Digital assets seized by the State.
âĄď¸Investment in digital assets: The bill allows the state treasurer to invest annually up to 10% of the total amount of money deposited in the fund in digital assets.
Eligible digital assets the definition of "digital assets" in the bill is broad and includes đ¤
âĄď¸Virtual currency
âĄď¸Cryptocurrency (including Bitcoin)
âĄď¸Stablecoins
âĄď¸Non-fungible tokens (NFTs)
The state treasurer must deposit the seized digital assets into the fund using secure custody solutions provided by qualified custodians or in the form of exchange-traded products (ETPs) issued by investment companies registered in Arizona.
The bill also allows the state treasurer to lend digital assets from the fund to generate additional returns, as long as it does not increase financial risks to the state.
SB 1373 has been approved by both the Senate and the House of Representatives of Arizona. The final step for its enactment is the signature of Governor Katie Hobbs.
Arizona is about to enact significant legislation on digital assets, with bills allowing state investment in Bitcoin and a wider range of digital assets awaiting the governor's signature. This situation is developing, and the final outcome will depend on the governor's decision.
Arizona Strategic Digital Asset Reserve Bill Senate Bill 1373đŻ
This bill seeks to establish a Strategic Digital Asset Reserve Fund for the state of Arizona. This fund would be composed of
âĄď¸Money allocated by the legislature.
âĄď¸Digital assets seized by the State.
âĄď¸Investment in digital assets: The bill allows the state treasurer to invest annually up to 10% of the total amount of money deposited in the fund in digital assets.
Eligible digital assets the definition of "digital assets" in the bill is broad and includes đ¤
âĄď¸Virtual currency
âĄď¸Cryptocurrency (including Bitcoin)
âĄď¸Stablecoins
âĄď¸Non-fungible tokens (NFTs)
The state treasurer must deposit the seized digital assets into the fund using secure custody solutions provided by qualified custodians or in the form of exchange-traded products (ETPs) issued by investment companies registered in Arizona.
The bill also allows the state treasurer to lend digital assets from the fund to generate additional returns, as long as it does not increase financial risks to the state.
SB 1373 has been approved by both the Senate and the House of Representatives of Arizona. The final step for its enactment is the signature of Governor Katie Hobbs.
Arizona is about to enact significant legislation on digital assets, with bills allowing state investment in Bitcoin and a wider range of digital assets awaiting the governor's signature. This situation is developing, and the final outcome will depend on the governor's decision.
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