#ArizonaBTCReserve Approved bills: The Arizona State Legislative Council has approved bills aimed at creating a strategic reserve of Bitcoin and allowing the state to invest up to 10% of its public funds in Bitcoin.
First of its kind: If adopted, Arizona will be the first U.S. state to officially hold Bitcoin in its treasury.
Strategic Reserve Fund for Digital Assets: The legislation also creates a "Strategic Reserve Fund for Digital Assets" to manage any seized or purchased cryptocurrency.