🚨🇺🇸 ARIZONA'S BITCOIN #RESERVE BILL ADVANCES

🔹SB 1373, Arizona's Strategic Digital Assets Reserve Bill, passed the House Commerce Committee (6-4 vote).

🔹Proposes a state-managed reserve fund holding digital assets like Bitcoin.

🔹Fund sources: seized crypto + legislative appropriations.

🔹Treasurer can invest/lend up to 10% yearly without increasing risk.

🔹Already passed the Senate (17-12); now awaits final House floor vote.

🔹Companion bill SB 1025 (allows public crypto investment) also advancing.

🔹Governor Katie Hobbs' approval remains uncertain due to prior vetoes.

If passed, Arizona could become a pioneer in U.S. state-level crypto reserves.

-Cointelegraph, Cryptopolitan, Bitcoin.com