#AbuDhabiStablecoin Arizona has passed the Bitcoin Reserve Strategy Act, allowing the state treasury and pension funds to allocate up to 10% of available funds into Bitcoin and other digital assets. If signed into law, Arizona will become the first state in the United States to legally invest public funds into Bitcoin.
💬 What do you think about states holding Bitcoin? Could this set a precedent for other states to follow? Share your thoughts!
ADQ, IHC, and First Abu Dhabi Bank are launching a stablecoin fully backed by the dirham, which is fully regulated by the UAE Central Bank. This move is part of a broader national strategy to promote the development of the digital asset economy in the region.
💬 How do you see government-backed stablecoins shaping the future of crypto and global payments? Share your views!
