#ArizonaBTCReserve MEDIA: Arizona authorities voted to create a bitcoin reserve.

Arizona state legislators approved a bill to establish a strategic bitcoin reserve (SBR). This was reported by Bloomberg Government.

The document has been sent to Governor Katie Hobbs for signature. It allows investing up to 10% of treasury and pension fund assets in digital assets.

The co-authors of the law are Senator Wendy Rogers and Representative Jeff Weninger, both of whom represent the Republican Party.