#ArizonaBTCReserve It deals with a proposal for investment in cryptocurrencies and was presented to Governor Katie Hobbs, who is the person responsible for determining whether the request will take effect.

There are two proposals: one called SB 1025, which only approves the purchase of bitcoin with 10% of the state reserve funds, while SB 1373 approves the acquisition of several cryptocurrencies that will be taken from the funds raised from criminal proceedings.

This initiative has been adopted by several states in the U.S., some of which are still under review by the authorities.