#AbuDhabiStablecoin #ArizonaBTCReserve Arizona has passed two bills, SB 1025 (Arizona Strategic Bitcoin Reserve Act) and SB 1373 (Strategic Digital Asset Reserve Act), to establish a state-managed cryptocurrency reserve fund, becoming the first state in the U.S. to approve such legislation. SB 1025 allows up to 10% of public funds, including treasury assets and pension funds, to be invested in Bitcoin and other virtual currencies. SB 1373 creates the Strategic Digital Asset Reserve Fund for seized digital assets and funds allocated by the state, also limited to an annual investment of 10%. Both bills were passed in the Arizona House on April 29, 2025, and are awaiting the signature of Governor Katie Hobbs. Although there was a prior veto threat related to unrelated budget issues, Hobbs lifted this after a bipartisan agreement on April 24, 2025, although her stance on these bills remains unclear. If signed into law, Arizona will lead in the adoption of Bitcoin at the state level, potentially influencing other states like Texas, Florida, and New Hampshire, where similar laws are pending approval. The price of Bitcoin has risen to around $95,000 following the votes, reflecting market enthusiasm.