【Arizona State Legislature Advances Bitcoin Reserve Bill】
Members of the Arizona House of Representatives voted to pass two bills allowing the state to adopt Bitcoin or other cryptocurrencies as reserves.
In the third reading of Senate Bill 1025 (SB1025) on April 28, the Arizona House passed it with a vote of 31 in favor and 25 against, which is a proposal to amend Arizona law to allow for strategic Bitcoin reserves. A similar bill, SB1373, aimed at establishing state-level digital asset reserves, passed with a vote of 37 in favor and 19 against.
Arizona Representative Jeff Weninger commented on the SB1025 bill, saying, "This bill essentially adopts an approach that 15 other states may be considering, allowing financial officials to invest up to 10% of funds nationwide.
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