๐บ๐ธ Breaking: The Bitcoin Reserve Bill in Arizona is back on the agenda and heading to Congress!
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๐ Important Legislative Progress:
After a review, the Arizona Senate has passed the HB 2324 Bitcoin Reserve Bill with a vote of 16-14. The law is now headed to the House of Representatives.
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๐ก What the law allows:
* ๐ฆ Digital Asset Reserve: Allows the state to create a reserve for digital assets.
* ๐ Source of Funding: The reserve is funded by digital assets seized in criminal cases.
* ๐ก๏ธ Crime Prevention: Links crime prevention with the potential to build a digital reserve for the state.
โDo you think this law will encourage other U.S. states to create similar reserves of digital assets?
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