#ArizonaBTCReserve #Binance #Square
The state of Arizona has passed the Strategic Reserve Law for Bitcoin, which authorizes the Department of Treasury and the state pension funds to allocate up to 10% of available funds to Bitcoin and other digital assets. If approved, Arizona will become the first U.S. state to legally invest its public funds in Bitcoin.
💬 What do you think about states owning Bitcoin? Does this set a precedent to be followed? Share your opinion!
#AbuDhabiStablecoin
Both Abu Dhabi Development Holding Company (ADQ) and International Holding Company (IHC) along with First Abu Dhabi Bank are launching a stablecoin backed by the Emirati Dirham, which is fully regulated by the Central Bank of the UAE. This step is part of a broader national strategy to accelerate the growth of the digital asset economy in the region.
💬 How do you see the impact of government-backed stablecoins on the future of cryptocurrencies and global payments? Share your opinion!
👉 Create a post using cash code #ArizonaBTCReserve or #AbuDhabiStablecoin or $BTC to earn Binance points! Or share your profile and vision as a trader.