#ArizonaBTCReserve
Arizona is ready to stack Sats, but the governor is threatening to nuke a pair of bills that would make it possible.
This month, legislators in the Grand Canyon State have moved closer to approving two digital asset proposals: one establishing a Bitcoin reserve using seized funds, and another allowing state investment of up to 10% in Bitcoin and other cryptocurrencies.
This puts Arizona on the brink of becoming the first US state to allow the accumulation of Bitcoin in state coffers.
But Governor Katie Hobbs, a Democrat, isn’t playing ball.