#ArizonaBTCReserve

Arizona is advancing legislation to establish a state-level Bitcoin reserve, potentially becoming the first U.S. state to invest public funds in Bitcoin. The Strategic Bitcoin Reserve Act (SB1025), co-sponsored by Senator Wendy Rogers and Representative Jeff Weninger, permits up to 10% of state-managed funds, including pensions, to be allocated to Bitcoin and other digital assets. The bill has passed the Senate Finance Committee and is progressing through the legislative process. Supporters view this move as a hedge against inflation and a diversification strategy, while critics express concerns over cryptocurrency volatility and the risks of investing taxpayer money in such assets. (Arizona Senate Approves Strategic Bitcoin Reserve Bill for Public Fund Investment | Coin Market Cap, Arizona Senate moves forward with Bitcoin reserve legislation, Arizona Senate Approves Strategic Bitcoin Reserve Bill for Public Fund Investment | Coin Market Cap, A key part of the bitcoin bull case has lost steam. What to know about efforts to start a bitcoin reserve.)

please follow me for More and latest updates about crypto market