Arizona is leveling up—big time. The state just passed a bold new measure (SB 1373) that would allow public Treasury funds to be invested into Bitcoin, stablecoins, and even NFTs. Yup, you read that right: NFTs.
The bill creates a Strategic Digital Assets Reserve, giving the state treasurer power to invest and lend digital assets through approved crypto platforms. The catch? They’re capped at 10% of the treasury, and it has to be done through regulated custodians.
The reserve would be self-funded through seized law enforcement assets and appropriations, making it a crypto-native ecosystem inside the state budget.
Arizona’s basically trying to outpace Texas, New Hampshire, and other crypto-curious states by going full-on digital with part of its treasury.
Only one vote away from the governor’s desk—but there’s still tension, as the governor may veto the bill for unrelated budget drama.
Still, if this passes, Arizona could be the first U.S. state with an official digital asset reserve.
This is big.
#Arizona #BTC #StrategicReserve #TrumpVsPowell #PowellRemarks
