Arizona has passed the Strategic Bitcoin Reserve Act, authorizing the state treasury and pension funds to allocate up to 10% of available funds to Bitcoin and other digital assets. If the bill is signed into law, Arizona will become the first state in the U.S. to legally invest public funds in Bitcoin.
💬 What are your thoughts on states holding Bitcoin? Will this set a precedent for other states to follow? Share your thoughts!
#Abu Dhabi Stablecoin
ADQ, IHC, and First Abu Dhabi Bank in Abu Dhabi are launching a stablecoin backed by dirhams, which is fully regulated by the Central Bank of the UAE. This move is part of a broader national strategy to accelerate the growth of the digital asset economy in the region.
💬 How do you think government-backed stablecoins will shape the future of cryptocurrency and global payments? Share your views!