governor
539 views
6 Discussing
Hot
Latest
๐จ๐บ๐ธ ARIZONA #PASSES SB 1025 & SB 1371 โ AWAITS #GOVERNOR 'S DECISION
๐นSB 1025: Public Monies; Investment in Virtual Currency
๐นSB 1371: Creation of a Digital Assets Strategic Reserve Fund
๐นBills passed final House vote, now head to Governor Katie Hobbs (@katiehobbs).
Governor's Options:
๐นSign: Arizona would be the first U.S. state to invest up to 10% of public funds in Bitcoin.
๐นVeto: Hobbs has vetoed crypto bills before, citing financial risks and volatility concerns.
๐นNo Action: Bills become law automatically after five days (excluding Sundays).
๐นCritics warn Bitcoinโs volatility could risk taxpayer funds.
Supporters argue it would strategically diversify Arizona's holdings.
$BTC $ETH $XRP
๐นSB 1025: Public Monies; Investment in Virtual Currency
๐นSB 1371: Creation of a Digital Assets Strategic Reserve Fund
๐นBills passed final House vote, now head to Governor Katie Hobbs (@katiehobbs).
Governor's Options:
๐นSign: Arizona would be the first U.S. state to invest up to 10% of public funds in Bitcoin.
๐นVeto: Hobbs has vetoed crypto bills before, citing financial risks and volatility concerns.
๐นNo Action: Bills become law automatically after five days (excluding Sundays).
๐นCritics warn Bitcoinโs volatility could risk taxpayer funds.
Supporters argue it would strategically diversify Arizona's holdings.
$BTC $ETH $XRP
๐จ๐บ๐ธARIZONA NEARLY APPROVES BITCOIN RESERVE BILL
๐นState is one vote away from enacting the Strategic Bitcoin Reserve Bill
๐นWould make Arizona a crypto-forward U.S. state, holding BTC as a treasury asset
๐นSeen as a hedge against inflation and a push for financial sovereignty$BTC
{spot}(BTCUSDT)
๐นState is one vote away from enacting the Strategic Bitcoin Reserve Bill
๐นWould make Arizona a crypto-forward U.S. state, holding BTC as a treasury asset
๐นSeen as a hedge against inflation and a push for financial sovereignty$BTC
{spot}(BTCUSDT)
๐จ๐บ๐ธArizona #Governor Vetoes Bitcoin Reserve #Bill SB 1025
๐นBill Rejected: Governor Katie Hobbs #vetoed SB 1025, which proposed allocating state reserves to $BTC investments.
๐นReason Cited: Hobbs said #retirement funds shouldn't be used for โuntested investments like virtual currency.โ
๐นOverride Unlikely: The legislature would need a two-thirds majority to overturn the veto, but current vote margins (House: 31โ25, Senate: 17โ11) fall short.
$BTC $ETH
๐นBill Rejected: Governor Katie Hobbs #vetoed SB 1025, which proposed allocating state reserves to $BTC investments.
๐นReason Cited: Hobbs said #retirement funds shouldn't be used for โuntested investments like virtual currency.โ
๐นOverride Unlikely: The legislature would need a two-thirds majority to overturn the veto, but current vote margins (House: 31โ25, Senate: 17โ11) fall short.
$BTC $ETH
๐จ๐บ๐ธ ARIZONA #PASSES SB 1025 & SB 1371 โ AWAITS #GOVERNOR 'S DECISION
๐นSB 1025: Public Monies; Investment in Virtual Currency
๐นSB 1371: Creation of a Digital Assets Strategic Reserve Fund
๐นBills passed final House vote, now head to Governor Katie Hobbs (@katiehobbs).
Governor's Options:
๐นSign: Arizona would be the first U.S. state to invest up to 10% of public funds in Bitcoin.
๐นVeto: Hobbs has vetoed crypto bills before, citing financial risks and volatility concerns.
๐นNo Action: Bills become law automatically after five days (excluding Sundays).
๐นCritics warn Bitcoinโs volatility could risk taxpayer funds.
Supporters argue it would strategically diversify Arizona's holdings.
$BTC $ETH $XRP
๐นSB 1025: Public Monies; Investment in Virtual Currency
๐นSB 1371: Creation of a Digital Assets Strategic Reserve Fund
๐นBills passed final House vote, now head to Governor Katie Hobbs (@katiehobbs).
Governor's Options:
๐นSign: Arizona would be the first U.S. state to invest up to 10% of public funds in Bitcoin.
๐นVeto: Hobbs has vetoed crypto bills before, citing financial risks and volatility concerns.
๐นNo Action: Bills become law automatically after five days (excluding Sundays).
๐นCritics warn Bitcoinโs volatility could risk taxpayer funds.
Supporters argue it would strategically diversify Arizona's holdings.
$BTC $ETH $XRP
Login to explore more contents