Arizona is preparing for a crucial vote on Bitcoin reserve bills that propose investing up to 10% of state treasury funds in cryptocurrency. This legislation could position Arizona as the first state to authorize such investments, marking a significant shift toward digital assets.
Governor Katie Hobbs has threatened to veto the bills due to unrelated budget disputes, posing a challenge to their passage. If successful, the initiative would also influence how other states approach cryptocurrency investments.
While major blockchain figures have not publicly commented, the state’s potential move reflects a growing trend toward crypto integration in public finance.
Full story here: https://coincu.com/334571-arizona-bitcoin-reserve-bill-vote-2
