#ArizonaBTCReserve

Arizona Advances Toward Establishing a State-Level Bitcoin Reserve​

Arizona is on the verge of becoming the first U.S. state to officially incorporate Bitcoin into its financial strategy. The state legislature has passed two significant bills—SB1025 and SB1373—which are now awaiting Governor Katie Hobbs' signature.​

🔍 Key Provisions:

SB1025: Authorizes the State Treasurer and retirement systems to allocate up to 10% of their portfolios into digital assets, including Bitcoin. ​

SB1373: Establishes a Digital Assets Strategic Reserve Fund, designed to hold seized cryptocurrencies and future appropriations, with mandates for on-chain auditability and standardized risk controls. ​

These legislative moves position Arizona at the forefront of state-level cryptocurrency adoption, potentially setting a precedent for other states considering similar initiatives.​

Stay tuned for further developments as Arizona leads the way in integrating digital assets into public finance.​

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