#ArizonaBTCReserve The Arizona House of Representatives greenlit two bills on Monday that could establish a Bitcoin BTC/USD or other cryptocurrency reserves in the state.

What Happened: Senate Bill 1025, called the Arizona Strategic Bitcoin Reserve Act, secured 31 votes in favor and 25 against. The legislation proposed allocating up to 10% of the state treasury and retirement system funds to be allocated in digital currencies, especially Bitcoin.

Additionally, SB1373, which proposes the establishment of a state-level digital assets reserve, was passed with 37 votes in favor and 19 against.