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Ermiyas Abebaw
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#ArizonaBTCReserve Arizona has passed the Strategic Bitcoin Reserve Act, permitting its Treasury and pension funds to invest up to 10% of public funds in Bitcoin and other digital assets. If enacted, Arizona would be the first U.S. state to legally integrate Bitcoin into state reserves. This move could influence other states—Utah is already pursuing similar legislation, and over a dozen others are considering crypto-related bills. Supporters argue it promotes financial diversification and positions Arizona as a leader in innovation. However, concerns remain over Bitcoin’s volatility, regulatory challenges, and cybersecurity risks. Still, Arizona’s decision may mark a pivotal moment in public finance and digital asset adoption across the United States.
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