tzongocu on Nostr: 📰 News Alert... 🔖 Title: Arizona Advances Crypto Reserve Bill, Paving the Way ...

📰 News Alert...

🔖 Title: Arizona Advances Crypto Reserve Bill, Paving the Way for Digital Asset Investments
🗓️ Published: 2025-04-17T15:30:00-04:00
📄 Summary: Arizona's Strategic Digital Assets Reserve Bill (SB 1373) has successfully passed the House Committee of the Whole, placing it one vote away from the governor's approval. This initiative aims to create a Digital Assets Strategic Reserve Fund, allowing the state treasurer to invest up to 10% of the fund in digital assets, including Bitcoin. However, Governor Katie Hobbs has expressed her intention to veto bills until disability funding legislation is passed, casting uncertainty on the bill's future. Arizona is positioning itself as a leader in state-level Bitcoin reserves, alongside the recently introduced Arizona Strategic Bitcoin Reserve Act (SB 1025).
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https://cointelegraph.com/news/arizona-bitcoin-reserve-bill-passed-by-house-and-heads-to-third-reading?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

🗞️ Source: Cointelegraph by Brayden Lindrea
💓 #CryptoLegislation #DigitalAssets #BitcoinInvesting