#ArizonaBTCReserve Arizona took a significant step towards Bitcoin adoption as state lawmakers passed bills (SB1025 & SB1373) allowing up to 10% of public funds in digital assets, including Bitcoin. This also establishes a Digital Assets Strategic Reserve Fund using seized crypto and future funds. The bills now await Governor Katie Hobbs' confirmation. If enacted, Arizona could be the first US state with a Bitcoin reserve, potentially holding around 31,000 BTC with a 10% allocation. This move mirrors other states exploring Bitcoin strategies.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
BTC
111,075.15
+2.60%
0
0
Explore the latest crypto news
โก๏ธ Be a part of the latests discussions in crypto