#ArizonaBTCReserve A groundbreaking step towards institutional adoption of Bitcoin:
The legislative council in the state of Arizona has approved two bills aimed at paving the way for the establishment of the first official cryptocurrency reserve at the state level, specifically noting the potential use of Bitcoin as part of this reserve. If these laws are finally ratified, Arizona will set a historic precedent by being the first U.S. state to officially hold Bitcoin in its treasury.
This step reflects a growing trend towards recognizing digital assets as part of official financial policies, and it may serve as a model for other states in the future, amid increasing interest in hedging against inflation and diversifying assets.