#ArizonaBTCReserve Investment Strategies !!

The Arizona legislature moves forward with Bitcoin reserve bills

#BTC

The Arizona House of Representatives voted on two bills to establish a cryptocurrency reserve in the state.

This project basically takes the approach that probably 15 other states are considering with similar legislation at the national level, allowing the treasurer to invest up to 10% in, likely mainly Bitcoin, but also in other things,” said State Representative Jeff Weninger about SB1025. “I think this would probably start as a ‘may’ in the foreseeable future, but as things continue to turn towards Bitcoin and these issues, it would already be established for the future.