#ArizonaBTCReserve #ArizonaBTCReserve is currently the center of attention as this state moves closer to becoming the first state in the United States to establish a Bitcoin reserve fund. The Arizona House of Representatives has passed two bills, SB1025 and SB1373, allowing the state to invest up to 10% of its current funds in cryptocurrency, with Bitcoin being the priority.

If Governor Katie Hobbs signs it into law, Arizona will be the first state to incorporate Bitcoin into its public treasury. The bill also allows the state treasurer to manage a digital asset reserve fund, including lending to increase returns. This move is expected to pave the way for other states and even the federal government to consider holding Bitcoin as a strategic reserve asset.