$BTC

Arizona State Senator Wendy Rogers has proposed a bill to make Bitcoin legal tender in the state and establish a state Bitcoin reserve. The bill, titled "Arizona Revised Statutes," aims to:

- *Make Bitcoin legal tender*: Allow Bitcoin to be used as a form of payment for debts, public charges, taxes, and dues.

- *Establish a state Bitcoin reserve*: Create a reserve to hold and manage Bitcoin on behalf of the state.

- *Prohibit central bank digital currencies*: Bar the state from accepting or transacting in central bank digital currencies (CBDCs).

The proposed bill has sparked debate, with some arguing it could:

- *Promote financial innovation*: Attract businesses and talent to the state.

- *Enhance economic freedom*: Give individuals and businesses more flexibility in financial transactions.