#ArizonaBTCReserve Arizona takes a historic step with the creation of a Strategic Reserve in Bitcoin
Arizona becomes the first U.S. state to approve the creation of a strategic reserve of Bitcoin, thanks to the adoption of bills SB1025 and SB1373.
Key points:
Up to 10% of the 31.5 billion $ of public funds could be invested in BTC and other crypto-assets.
Establishment of a Digital Asset Reserve Fund, aimed at managing seized crypto-assets and future investments.
Transparency required through on-chain audits and standardized risk controls.
The project is now awaiting the signature of Governor Katie Hobbs, who could make Arizona a pioneering model in crypto public finance in the United States.
An institutional adoption that sends a strong signal to the markets.