🚨 Blow to Bitcoin?
🇺🇸 Arizona Governor Katie Hobbs has vetoed Senate Bill 1025, which would have allowed state retirement funds to invest in crypto assets like Bitcoin.
📢 Hobbs cited the need to protect one of the nation’s strongest retirement systems, calling crypto “untested” and too risky for pension portfolios.
📊 This marks a major moment in the ongoing debate over crypto’s role in institutional finance.
