#ArizonaBTCReserve Arizona has officially become the first U.S. state to approve a bill allowing for the establishment of a strategic reserve for Bitcoin, thereby cementing its status as a leader in state-level cryptocurrency adoption. On April 28, the Arizona House of Representatives narrowly approved Senate Bill 1025 with 31 votes in favor and 25 against.
The bill, introduced by Republican Senator Wendy Rogers, authorizes the state treasury to allocate up to 10% of its public funds to Bitcoin (BTC). This move aims to diversify the state's financial assets and hedge against inflation.
