🚀🇺🇸🇺🇸 Crypto Update Daily News
🇺🇸 Arizona has passed a bill to reserve #Bitcoin
🟢 2 bills SB1025 and SB1373 will be sent to Governor Katie Hobbs' desk for final approval to become official law
🟢 Initially, Arizona Governor Katie Hobbs announced she would veto the bills if there was no budget solution. However, after a new budget agreement was passed on April 24, the likelihood of her signing these bills has increased
🟢 If Mrs. Hobbs vetoes and refuses to sign, then the House and Senate must vote again to see if there are enough 2/3 votes to override the veto.
🟢 According to some, will this bill be passed or not? 🤔
• SB1025: Allows the state to establish a strategic Bitcoin reserve fund, with a maximum investment limit of 10% in Bitcoin or other digital assets.
• SB1373: Allows the establishment of a state-level digital asset reserve fund.
Source: A1A Academy
