๐๏ธ Arizona Reconsiders Bitcoin Reserve Bill โ Big Step for Crypto Policy! ๐๐ผ
The Arizona Senate is revisiting Bitcoin Reserve Bill HB2324 ๐งพ, a key move in managing digital assets seized during criminal cases ๐๐ฐ. Sponsored by Senator Jeff Weninger and backed by Senator Jane Shampโs latest motion, this bill could create a Digital Assets Reserve Fund ๐ฆ๐.
Under this bill, $300,000 will go to the Attorney Generalโs Office, while the rest will be split between the general fund and the new crypto reserve ๐ธโ๏ธ. However, Governor Katie Hobbs still warns of risks due to crypto volatility ๐โ ๏ธ.
This signals how U.S. states are modernizing their approach to crypto ๐ง ๐ฒ. If passed, it may become a model for handling blockchain-based assets within public sectors ๐๐.
๐ Keep watching โ this could be a turning point for state-level crypto regulation!
