#ArizonaBTCReserve

#Arizona is on the verge of becoming the first US state to establish a Bitcoin reserve. The state legislature has approved two bills, Senate Bills 1025 and 1373, which would allow Arizona to invest up to 10% of its $31.5 billion public funds in Bitcoin and other digital assets. The bills aim to create a Digital Assets Strategic Reserve Fund to manage seized crypto assets and future appropriations, with a focus on transparency and risk control. Governor Katie Hobbs' signature is awaited, although she has threatened to veto bills unless lawmakers reach a bipartisan agreement on funding for Arizonans with disabilities ¹ ².