#ArizonaBTCReserve

The state of Arizona may become the first U.S. state to establish a reserve of Bitcoin, after the parliament approved two laws allowing the investment of 10% of state funds (approximately $3.14 billion) in digital assets such as Bitcoin and NFTs.

The laws also provide for the creation of a digital reserve fund with transparent management on the blockchain. The project is awaiting the signature of Governor Katie Hobbs, and it is expected to inspire other states like Texas and Florida.

The market is closely watching the decision due to its potential significant impact on the price of Bitcoin and its official adoption.