#ArizonaBTCReserve
The state of Arizona has enacted the Strategic Bitcoin Reserve Law, allowing the state treasury and pension funds to invest up to 10% of available funds in Bitcoin and other digital assets. If approved, Arizona will be the first U.S. state to officially invest public funds in Bitcoin.
💬 What do you think about states that hold Bitcoin? Could this set a trend for others to follow? Share your thoughts with us!
Abu Dhabi Stablecoin
Abu Dhabi Development Holding Company (ADQ), IHC, and First Abu Dhabi Bank are preparing to launch a stablecoin backed by the UAE Dirham, which will be fully regulated by the Central Bank of the UAE. This initiative is part of a comprehensive national strategy aimed at enhancing the digital asset economy in the region.
💬 How do you think government-backed stablecoins will impact the future of cryptocurrencies and global payments? Share your opinions with us.