#ArizonaBTCReserve Arizona's Bitcoin reserve bill has been signed into law by Governor Katie Hobbs. The bill:

- *Establishes a State Bitcoin Reserve*: Arizona will hold Bitcoin as part of its state reserves.

- *Permits State Agencies to Accept Bitcoin*: State agencies can now accept Bitcoin for payment of taxes, fines, and licenses.

- *Defines Digital Assets*: The bill provides a clear definition of digital assets and blockchain technology.

This development makes Arizona one of the first states in the US to formally recognize and incorporate Bitcoin into its financial framework [5].