ArizonaBTCReserve is an initiative and bill in the state of Arizona regarding the establishment of a reserve of Bitcoin as part of the state's strategic assets.
Summary:
The state of Arizona aims to become the first U.S. state to create an official Bitcoin reserve.
A bill concerning this matter has already been passed by the state's legislative body, and it is currently awaiting the signature of Governor Katie Hobbs to become law. This measure aims to diversify the state's assets and protect them from inflation, in addition to enhancing Arizona's position in the field of financial innovation. If approved, a portion of public funds will be allocated for investment in Bitcoin.
