🤑 Arizona creates its own bitcoin reserve!
Arizona has become the first state in the USA to officially approve the creation of a state reserve of digital assets. Legislators supported projects that allow investing up to 10% of the state budget — over $3 billion — in bitcoin and other cryptocurrencies.
The creation of a special digital asset fund is intended to ensure transparent management, adherence to risk management rules, and the storage of cryptocurrencies.
If the initiative is approved by the governor, the state will have the opportunity to purchase over 30,000 BTC, which could be a turning point for the implementation of crypto assets at the state level in the USA.
