#ArizonaBTCReserve
Arizona is making headlines in the crypto world with the advancement of Senate Bill 1373, the Strategic Digital Assets Reserve Bill. Approved by the House Commerce Committee in a 6-4 vote, this legislation proposes the creation of a state-managed fund to hold digital assets like Bitcoin, sourced from seizures or legislative appropriations . The bill allows the state treasurer to manage these assets, potentially lending them to generate returns, provided it doesn't increase financial risks . This move positions Arizona at the forefront of integrating cryptocurrency into public finance, following the earlier Senate approval of SB 1025, which permits up to 10% of public funds to be invested in digital assets . As Bitcoin continues to gain institutional acceptance, Arizona's proactive approach could serve as a model for other states exploring digital asset reserves
