#ArizonaBTCReserve #ArizonaBTCReserve
Great news! Arizona's Bitcoin reserve bills, SB1025 and SB1373, have passed the state legislature! 🎉 The House approved SB1025 on April 28th with a 31-25 vote, and SB1373 also passed. These bills allow Arizona to invest up to 10% of state-managed funds in digital assets, primarily Bitcoin, and establish a "Digital Assets Strategic Reserve Fund."
Now, the bills are on Governor Katie Hobbs' desk for her signature. If signed, Arizona will be the first US state to officially hold Bitcoin in its treasury. This is a significant step for Bitcoin adoption! #Bitcoin #Arizona #Crypto #DigitalAssets