#ArizonaBTCReserve Arizona's Bitcoin reserve bills have made significant progress. The state legislature has passed two bills, SB 1025 and SB 1373, which propose different approaches to establishing a cryptocurrency reserve.
*Key Developments:*
- *SB 1025:* This bill, also known as the Arizona Strategic Bitcoin Reserve Act, allows public funds to invest up to 10% in Bitcoin and other digital assets. It passed the House of Representatives with a 31-25 vote.
- *SB 1373:* This bill establishes a state-level digital assets reserve fund, which would be managed by the state treasurer. It passed the House with a 37-19 vote.