In a significant step toward embracing digital assets at the state level, Arizona’s Bitcoin Reserve bill has officially passed the Senate in a narrow 16-14 vote following a successful motion for reconsideration. The legislation now advances to the House of Representatives, where it awaits final approval.
If passed, the bill would authorize Arizona to hold a portion of its state reserves in Bitcoin, making it one of the first U.S. states to take such a bold step toward crypto integration at the treasury level.
The bill’s supporters argue that diversifying state reserves with Bitcoin could offer a strategic hedge against inflation and currency devaluation, aligning Arizona with global trends in decentralized finance. Meanwhile, critics raise concerns over volatility and regulatory uncertainties.
This legislative momentum reflects a broader shift in the perception of Bitcoin—not just as an asset class, but as a potential pillar of public financial policy.
As the crypto world watches closely, Arizona could set a precedent for other states exploring digital reserve models.
Stay tuned—the House vote could mark a historic milestone for Bitcoin adoption in the U.S. public sector.
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