Arizona has passed the 'Strategic Bitcoin Reserve Act'

Authorizing the state treasury and pension funds to allocate up to 10% of available funds

To be invested in Bitcoin and other digital assets.

If this bill is signed into law, Arizona will become

The first state in the United States to legally invest public funds in Bitcoin.

If the Arizona bill comes into effect, it could trigger other states to follow suit

And even influence policies in developing countries.

Arizona's practice will provide a test case for 'state-level crypto reserves' globally

Success may encourage more countries to embrace digital assets

Failure could serve as a cautionary tale.