#ArizonaBTCReserve

Arizona's bold move to integrate Bitcoin into its financial system has sparked debate. The state legislature passed SB 1025 and SB 1373, allowing up to 10% of public funds, including pensions, to be invested in Bitcoin and digital assets. SB 1373 creates a Digital Assets Strategic Reserve Fund, using seized crypto and legislative funds, managed by the state treasurer. Critics argue this risks financial stability due to Bitcoin’s volatility, with recent 17% price drops fueling skepticism. Supporters, like Senator Wendy Rogers, see it as innovative diversification, positioning Arizona as a crypto hub. Governor Katie Hobbs’ pending signature could make Arizona the first U.S. state with a Bitcoin reserve, or a veto might halt progress.