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Arizona Governor Rejects Cryptocurrency Bills and Approves Bitcoin ATM Law

Veto Against Cryptocurrencies

Governor Katie Hobbs used her veto power against two bills aimed at promoting the use of cryptocurrencies in Arizona, arguing that they lack sufficient details.

Limited Support for Bitcoin

In contrast, she signed a law allowing the regulation of Bitcoin ATMs, providing a partial legal framework without extensive support for other cryptocurrencies.

Mixed Reactions

The decisions have sparked a division in the financial community, with some seeing the decision as cautious and others considering it a step back in institutional adoption.

#BitcoinATM #CryptoLaws #Arizona #تنظيم_

#bitcoinatm #Cryptolaw