#ArizonaBTCReserve Bitcoin: Arizona Wants a Strategic Reserve of Bitcoin.
The State of Arizona has passed a bill to create a strategic reserve of Bitcoin, inspired by Donald Trump's campaign.
This law will allow the investment of up to 10% of the state's public funds in digital assets, including Bitcoin.
The cryptocurrency sector has become a political issue in the United States. This is mainly due to the promise made by Donald Trump during his campaign to impose a national strategic reserve for 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 the State of Arizona has just decided, by voting on a bill in this regard.
Buy and trade Bitcoin from here:Arizona is making strides in becoming the first US state to establish a Bitcoin reserve. The Arizona House of Representatives has passed two bills, Senate Bill 1025 and Senate Bill 1373, which would allow the state to invest up to 10% of its $31.5 billion in public funds in digital assets like Bitcoin. This move reflects the growing interest in cryptocurrency adoption at the state level.
*Key Details:*
- *Investment Allocation*: Up to 10% of Arizona's $31.5 billion public funds, approximately $3.14 billion, could be invested in Bitcoin and other digital assets.
- *Digital Assets Strategic Reserve Fund*: The bills establish a fund to hold seized crypto assets and future appropriations, with mandates for on-chain auditability and standardized risk controls.
- *Potential Impact*: If enacted, Arizona would become the first US state to formally hold
