Bitcoin: Arizona Wants a Strategic Reserve in BTC Bitcoin Made in Arizona. The cryptocurrency sector is becoming a political topic in the United States. This is mainly due to Donald Trump's campaign promise to impose a national strategic reserve in Bitcoin. A decision that raised many questions, such as: how much BTC should be purchased to fill this reserve? Or: should this measure be applied at the federal or state level? A question that Arizona has just resolved, with the vote on a bill in this direction.
Key points of this article:
Arizona has voted on a bill to create a strategic reserve in Bitcoin, inspired by Donald Trump's campaign.
This bill would allow investing up to 10% of the state's public funds in digital assets, including Bitcoin. Arizona wants a strategic reserve in Bitcoin. Donald Trump's campaign promise regarding a national strategic reserve in Bitcoin continues to generate much discussion. Because the specifics of this operation remain unclear. And this is even though the main interested party signed a presidential decree in this direction last March.
A situation that pushes some states to take the lead. For example, Texas, with a bill aimed at allowing public funds to invest in Bitcoin. Or Arizona, with its recently voted Arizona Strategic Bitcoin Reserve Act.
Indeed, according to Bloomberg Government, the legislators of this state have just validated a bill intended to allow the state treasurer and the pension system to invest up to 10% of available funds in digital assets. And more specifically in Bitcoin.