#ArizonaBTCReserve Arizona is poised to become the first U.S. state to establish a Bitcoin reserve, following the passage of two significant bills—SB1025 and SB1373—by its legislature on April 28, 2025. BillTrack50+7FXStreet+7Cointelegraph+7
🏛️ Overview of the Bills
SB1025 – Strategic Bitcoin Reserve Act
This bill authorizes the Arizona State Treasurer to allocate up to 10% of state-managed public funds, including pension and treasury assets, into Bitcoin and other digital assets. The assets would be held in a segregated account within the Federal Reserve system. BitcoinWorld+2CryptoNinjas+2FXStreet+2
SB1373 – Digital Assets Strategic Reserve Fund
This legislation establishes a fund to hold digital assets acquired through legislative appropriations or seized during criminal proceedings. The fund aims to diversify the state's assets and potentially lend them under strict risk controls. BitcoinWorld+2Decrypt+2crypto.news+2
🚦 Current Status
Both bills have cleared the Arizona House and Senate but now await the signature of Governor Katie Hobbs. However, their future is uncertain, as Governor Hobbs has indicated she may veto all pending legislation until a bipartisan budget agreement is reached
