The Arizona Senate has passed a bill allowing state agencies to accept cryptocurrency for fines, taxes, and fees, marking it as the second state after Utah to pass such a law.
The bill, if fully approved by the state legislature, will await the governor's signature to become law, demonstrating rapid progress in the acceptance of cryptocurrency at the state level.
This legislative move reflects the growing trend of integrating digital currency into the state's financial system, potentially related to the policies of other states regarding the use of cryptocurrency.