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Arizona state lawmakers have reintroduced a Bitcoin reserve bill to the political discussion, after it was narrowly passed by the Senate with a vote of 16 to 14. The bill aims to create a state-managed fund for handling confiscated digital currencies, in a move that reignites the debate over the role of crypto assets in government fiscal policy.

Bill number 2324 revives a previous proposal that failed to gain approval in recent months, granting the state treasurer the authority to manage confiscated digital currencies during criminal investigations. The bill allows for the storage of those assets in approved digital wallets, or their sale through licensed trading platforms, or their retention based on security and market considerations.$BTC