🚨🇺🇸Arizona #Governor Vetoes Bitcoin Reserve #Bill SB 1025
🔹Bill Rejected: Governor Katie Hobbs #vetoed SB 1025, which proposed allocating state reserves to $BTC investments.
🔹Reason Cited: Hobbs said #retirement funds shouldn't be used for “untested investments like virtual currency.”
🔹Override Unlikely: The legislature would need a two-thirds majority to overturn the veto, but current vote margins (House: 31–25, Senate: 17–11) fall short.