#亚利桑那比特币储备

Arizona has passed two bills (SB 1025 and SB 1373), becoming the first state in the U.S. to approve a plan to include Bitcoin in its state strategic reserve, currently awaiting the signature of Governor Katie Hobbs to become law. Here are the key details:

1. SB 1025 (Arizona Strategic Bitcoin Reserve Act):

• Allows the state treasury and state retirement systems to invest up to 10% of public funds in virtual currencies like Bitcoin.

• Requires that Bitcoin be stored in secure segregated accounts, and if the U.S. Treasury establishes a federal strategic Bitcoin reserve, state funds may be deposited therein.

• The bill was co-sponsored by Republican Senator Wendy Rogers and Representative Jeff Weninger, passing the House with a vote of 31 to 25.

2. SB 1373 (Digital Asset Strategic Reserve Act):

• Establishes a digital asset strategic reserve fund managed by the state treasurer, funded by legislative appropriations and seized digital assets from law enforcement.

• Allows for up to 10% of the fund's total amount to be invested annually in Bitcoin and other digital assets, and permits the lending of assets to enhance returns without increasing risk.

• The bill passed with a vote of 37 to 19.

3. Potential Impact:

• Arizona's public asset management is substantial, with the state treasury managing assets exceeding $31.4 billion in 2023. If allocated at 10%, approximately $3.14 billion could be invested in digital assets, theoretically allowing for the purchase of about 31,000 Bitcoins (based on the current price of approximately $95,000 per coin).

• This move may prompt other states to follow suit, with 18 states already proposing similar Bitcoin reserve bills, including Texas, New Hampshire, and Utah.

• Supporters of the bill argue that Bitcoin's decentralization and fixed supply can hedge against inflation and modernize state finances; however, critics warn that its volatility may pose risks.

4. Uncertainty of Governor's Signature:

• Governor Katie Hobbs (Democrat) is known for her high veto rate, having vetoed 22% of bills in 2024. She has stated that she will veto all bills unless the legislature passes a budget plan to protect medical care for disabled individuals.

• If Hobbs vetoes, the bills may not take effect, but Arizona's legislative progress has already attracted national attention.