Arizona has passed the Strategic Bitcoin Reserve Act, authorizing the state treasury and pension funds to allocate up to 10% of available funds to Bitcoin and other digital assets. If signed into law, Arizona will become the first state in the U.S. to legally invest public funds in Bitcoin.
💬 What are your thoughts on states holding Bitcoin? Will this set a precedent for other states to follow? Share your thoughts!
#Abu Dhabi Stablecoin
ADQ, IHC, and First Abu Dhabi Bank in Abu Dhabi are launching a stablecoin backed by dirhams, fully regulated by the Central Bank of the UAE. This move is part of a broader national strategy to accelerate the growth of the digital asset economy in the region.
💬 How do you think government-backed stablecoins will shape the future of cryptocurrency and global payments? Share your views!