#AbuDhabiStablecoin
The state of Arizona has approved the Strategic Reserve Law for Bitcoin, which authorizes the Department of Treasury and the state's pension funds to allocate up to 10% of available funds to Bitcoin and other digital assets. If enacted, Arizona will become the first U.S. state to legally invest its public funds in Bitcoin.
💬 What do you think about states owning Bitcoin? Does this set a precedent for others? Share your thoughts!
ADQ, IHC, and First Abu Dhabi Bank, which are subsidiaries of Abu Dhabi, are launching a stablecoin backed by the UAE Dirham, fully regulated by the Central Bank of the UAE. This step is part of a broader national strategy to accelerate the growth of the digital asset economy in the region.
💬 How do you see the impact of government-backed stablecoins on the future of cryptocurrencies and global payments? Share your thoughts!
👉 Create a post using the hashtag #ArizonaBTCReserve or #AbuDhabiStablecoin or the cash tag $BTC to earn Binance points! Or share your profile and vision as a trader.
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Active period: 2025-04-29 06:00 (UTC) to 2025-04-30 06:00 (UTC)
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