The Arizona State Senate has approved SB1373, the Bitcoin Strategic Reserve Bill, signaling a progressive move towards digital asset adoption. According to Bitcoin News, the bill is now awaiting Governor approval to become law. SB1373 proposes establishing a digital asset strategic reserve, managed by the state treasurer. This reserve would be funded through legislative allocations and potentially include seized cryptocurrencies. The aim is to diversify state assets and capitalize on the growing importance of digital currencies. This move could position Arizona as a leader in cryptocurrency innovation and attract investment in the blockchain sector. The bill's passage reflects a growing acceptance of Bitcoin as a legitimate asset class. ```