🚨 ¡CRYPTO WAR IN THE U.S.! 💥 ARIZONA AND CONNECTICUT SAY NO TO RESERVES OF #BITCOIN AND HINDER INNOVATION! 🤯🚫
📢 A true political battle is raging in the United States over cryptocurrencies! 🇺🇸 Arizona Governor Katie Hobbs just dealt a devastating blow by vetoing the HB2324 law, which sought to create a state reserve of Bitcoin (#BTC ) with crypto assets seized from criminals. Her argument: this would discourage police cooperation! 🚨👮♀️ And as if that weren't enough, her colleague in Connecticut signed a total ban on state investment in digital assets! 📉
These decisions mark a growing partisan divide: while Democrats like Hobbs and Lamont advocate for stricter regulation, Republicans, like Donald Trump (who has already created a federal Bitcoin reserve), push for greater adoption. It’s a tug-of-war that polarizes the national landscape!
Despite the vetoes, not all is lost! Hobbs, in fact, signed another law (HB 2749) in May that allows a cryptocurrency reserve with unclaimed assets and staking rewards, although without direct investments. This shows that the door isn't completely closed. 🚪
However, these actions in Arizona and Connecticut, where 70% of states have already proposed laws on digital asset reserves, could set a precedent and limit crypto innovation in the country if they become a trend! 😬
🤔 Do you think these decisions to "hinder innovation" are a smart move to protect citizens from the volatility and risks of cryptocurrencies? 👇💬
#TrumpVsMusk #REX-OSPREYSolanaETF #DYMBinanceHODL $BTC $ETH $XRP