#ArizonaBTCReserve
The Arizona Senate has approved bill SB1025, which allows investing up to 10% of public funds in Bitcoin and other digital assets. The proposal, co-sponsored by Senator Wendy Rogers and Representative Jeff Weninger, now moves to the House of Representatives.
If signed into law, Arizona will become the first state in the U.S. to adopt a strategic Bitcoin reserve, aiming to modernize its finances and protect itself against inflation. The initiative includes security measures such as cold storage and segregated accounts.
This move comes amid a national landscape of growing interest in digital assets, driven by favorable federal policies, such as President Trump's executive order to create a strategic Bitcoin reserve.