Arizona’s Crypto Ambitions Hang in the Balance Arizona is poised to revolutionize its financial strategy by potentially becoming the first U.S. state to invest public funds in cryptocurrencies, awaiting the decision of Governor Katie Hobbs. AZ Senate Bills 1025 & 1373 passed, awaiting Governor Hobbs’ signature. Up to 10% of public funds could be invested […]
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Crypto In The Desert: Arizona Reserve Bill Advances To 3rd Reading Arizona is making significant strides in cryptocurrency legislation with the Strategic Digital Assets Reserve Bill (SB 1373) advancing to its third reading in the House. This bill aims to establish a state-run reserve fund using digital assets seized in criminal proceedings. However, Governor Katie […]
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Arizona’s Crypto Reserve Bills Advance Amid Veto Threats and Fraud Legislation Arizona is breaking new ground in state-backed cryptocurrency management with two pivotal bills nearing final votes, yet facing potential vetoes over funding disputes. SB 1373: State-managed fund for seized digital assets SB 1025: Bitcoin-specific reserve fund Governor Hobbs’ veto threat over disability funding House […]
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