🚨 #ArizonaBTCReserve is gaining momentum!
On April 28, Arizona legislators approved two powerful crypto bills — SB1373 and SB1025. They provide for the creation of a state bitcoin reserve and permission to invest up to 10% of state funds in BTC.
💼 The fund will be filled with confiscated crypto assets, and the state treasury will receive the authority for direct investments in bitcoin.
⏳ Now everything depends on Governor Katie Hobbs. She threatens to veto all decisions until the budget is passed — so the fate of #ArizonaBTCReserve hangs in the balance.
📈 Meanwhile, BTC has surged 3.2% within an hour after the news.
This could set a precedent for other states — the U.S. is getting closer to crypto integration at the state level!
