#ArizonaBTCReserve

The state of Arizona has taken tangible steps towards adopting Bitcoin as part of its financial strategy, joining 16 other U.S. states that have proposed bills to create a strategic reserve of Bitcoin.

Among these states are Texas, Oklahoma, and Utah, and some of the proposed bills have already successfully passed important legislative stages, demonstrating broad political support for this idea.

Who is leading this initiative in Arizona?

Senator Wendy Rogers has been one of the most prominent supporters of adopting digital currencies in the state. In 2022, she introduced a bill to recognize Bitcoin as legal tender in Arizona, although the proposal faced constitutional objections.

Later, Rogers introduced other bills allowing government agencies to accept payments in digital currencies, with tax exemptions on certain related transactions.

Why this direction?

These initiatives aim to