#ArizonaBTCReserve The Arizona legislature has passed bills, including what's been called the "Arizona Strategic Bitcoin Reserve Act," that would authorize the state treasury and pension funds to invest up to 10% of their assets in Bitcoin and other digital currencies. These bills, specifically SB1025 and SB1373, have cleared the legislature and are now awaiting the signature of Governor Katie Hobbs. If signed into law, Arizona would become the first U.S. state to legally hold Bitcoin in its public funds. Proponents argue it could diversify assets and hedge against inflation, while critics raise concerns about volatility. The future of the act hinges on the governor's decision.
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