#ArizonaBTCReserve Arizona Makes History: First US State with an External Reserve!
Arizona has become the first US state to officially allow the creation of an external reserve. Lawmakers passed two key laws, SB 1025 and SB 1373, which allow the Arizona Treasury and pension funds to invest up to 10% of their final funds in the economy and other digital assets. This historic decision, adopted on April 28, 2025, assumes the replacement of Governor Katie Hobbs. If signed into law, Arizona will become a pioneer in presidential elections at the state level.
The bills also create the Digital Asset Reserve Management Fund, which will receive confiscated crypto assets and funds allocated by lawmakers. The fund will be managed by the state treasurer with mandatory transparency of operations through the control panel. This decision reflects a global trend: countries and regions, such as the UAE with its dirham stablecoin, are actively integrating digital assets in the face of instability. Binance, the world’s largest crypto exchange, supports such initiatives. Binance CEO Richard Teng recently said that the exchange is advising the government on crypto regulation and reserve creation. This means that Arizona is keeping pace with world leaders in high-end innovation. What does this mean for the future? Arizona could inspire other states like Texas or Missouri to follow suit. But there are risks: cryptocurrency volatility and a possible veto from Governor Hobbs over budget disputes.