#ArizonaBTCReserve 📢 Attention, crypto community! 📢
Big news from Arizona today: the initiative #ArizonaBTCReserve is moving forward with strength. Legislators have approved two key bills (SB1025 and SB1373) that would allow the state to invest up to 10% of its public funds in Bitcoin and other digital assets. This would make Arizona the first state in the U.S. to have a state reserve of Bitcoin!
The proposal aims to diversify the state's asset portfolio and position Arizona as a center for blockchain innovation. If definitively approved by Governor Katie Hobbs, potentially billions of dollars would be allocated to Bitcoin, marking a milestone in institutional adoption.
This bold move could inspire other states and nations to consider Bitcoin as a strategic asset. We will be watching for the governor's final decision. What implications do you think this decision would have for the market and the global adoption of cryptocurrencies? Share your opinion with #ArizonaBTCReserve! 🚀