Arizona has passed the Strategic Bitcoin Reserve Act, which authorizes the state's Treasury and pension funds to allocate up to 10% of available funds into Bitcoin and other digital assets. If signed into law, Arizona will become the first U.S. state to legally invest public funds in Bitcoin. What do you think about states holding Bitcoin? Could this set a precedent for others to follow? Share your thoughts
#AbuDhabiStablecoin
Abu Dhabi Development Holding Company (ADQ), International Holding Company (IHC), and First Abu Dhabi Bank are launching a stablecoin backed by the UAE dirham, subject to full oversight by the Central Bank of the United Arab Emirates. This move is part of a broader national strategy to accelerate the growth of the digital asset economy in the region.
How do you see government-backed stablecoins shaping the future of cryptocurrencies and global payments? Share your views.