Arizona’s House has approved legislation permitting the state treasurer to allocate up to 10% of state reserves into Bitcoin and other cryptocurrencies. This move could pave the way for similar actions across the U.S., potentially establishing crypto as a legitimate public asset class. Supporters view this as a forward-thinking approach to diversify state investments and embrace innovation. However, critics argue it exposes public funds to high risk due to the extreme volatility of digital assets. As the debate continues, Arizona’s decision may mark a turning point in how governments engage with the evolving world of decentralized finance. $BTC