#ArizonaBTCReserve
An initiative to establish a strategic reserve of Bitcoin. This move has recently seen significant legislative developments, as the Arizona House of Representatives approved two bills aimed at creating this reserve.
The initiative aims to position the state at the forefront of those adopting digital assets and may allow the state to invest up to 10% of public funds in Bitcoin. Supporters believe this step could attract innovation in the blockchain space and boost the local economy.
However, Governor Katie has not yet announced her stance, and the fate of these laws remains dependent on her decision. If signed, it would make Arizona the first U.S. state to allocate part of its public assets to Bitcoin.