๐จ Blow to Bitcoin?
๐บ๐ธ Arizona Governor Katie Hobbs has vetoed Senate Bill 1025, which would have allowed state retirement funds to invest in crypto assets like Bitcoin.
๐ข Hobbs cited the need to protect one of the nationโs strongest retirement systems, calling crypto โuntestedโ and too risky for pension portfolios.
๐ This marks a major moment in the ongoing debate over cryptoโs role in institutional finance.
