$BTC

The state of Arizona has taken a bold step towards adopting digital currencies by approving the establishment of a Bitcoin reserve. A bill was passed allowing the state to invest up to 10% of its public assets in Bitcoin and other digital currencies. The goal of this move is to promote innovation in the blockchain space and diversify the public asset portfolio. A strategic digital asset fund has also been created to manage confiscated assets and future allocations. This initiative makes Arizona the first U.S. state to adopt a Bitcoin reserve, potentially setting a national precedent in integrating digital currencies into public financial systems.