#ArizonaBTCReserve

Main Developments:

Approved Bills: The Arizona Legislative Council has approved bills aimed at creating a strategic reserve for Bitcoin and allowing the state to invest up to 10% of its public funds in Bitcoin.

First of its Kind: If enacted, Arizona will be the first U.S. state to officially hold Bitcoin in its treasury.

Digital Assets Strategic Reserve Fund: The legislation also creates a "Digital Assets Strategic Reserve Fund" to manage any seized or purchased crypto assets.