#AirdropStepByStep
Arizona has made a significant move by passing the Strategic Bitcoin Reserve Act, which allows the state to invest up to 10% of its public funds in Bitcoin and other digital assets. This legislation positions Arizona as the first state in the U.S. to officially allocate public funds to cryptocurrency investments.
Legislative Details
- The act includes the establishment of a Digital Assets Strategic Reserve Fund.
- This fund will utilize seized crypto assets and future appropriations.
- Senate Bills 1025 and 1373 have been approved and are awaiting the signature of Governor Katie Hobbs.