Arizona's Bitcoin Reserve Bill Vetoed: Digital Asset Policy Faces Resistance!!!

Arizona aimed to be the first state in the U.S. to hold Bitcoin reserves, but Governor Katie Hobbs vetoed the related bill on May 2, blocking the advancement of this plan. The bill allowed public funds to be invested in digital assets like Bitcoin, but it was criticized for being too risky.

Nevertheless, other states like North Carolina are advancing similar legislation, and the controversy over digital asset policy continues to spread across the U.S.

Although Arizona's Bitcoin Reserve Bill did not pass, the debate over digital asset policy continues.

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