The BTC bill in Arizona mentioned in the past couple of days, is there hope for it? Has it passed?

If it passed completely, the market would have surged, haha, obviously it hasn’t. Yesterday, the Arizona legislature passed a significant bill to classify Bitcoin as a strategic reserve asset, but! Now it just needs the governor's signature, and she has 5 business days to decide whether to sign it or not, or let it go without action, allowing it to pass by default. Once it passes, Arizona would become the first state in the U.S. to treat BTC as a strategic reserve. This is different from Trump's national strategic reserve, which cannot use taxpayer money to purchase BTC, but the former can use up to 10% of financial or retirement funds to directly buy BTC. Although it may not buy much in the short term, the significance of this is monumental, equivalent to an official endorsement of BTC. Moreover! Once the first state takes the lead, it will be easier for other states to follow, potentially triggering a domino effect.

Therefore, as long as it passes completely, the price is likely to go up, and it remains a long-term benefit! #SEC推迟多个现货ETF审批 #特朗普就职百日 #亚利桑那比特币储备 #阿布扎比稳定币