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06/20 06:33
Arizona reconsiders Bitcoin reserve plan using for
Arizona lawmakers have voted to revive a bill that would expand the state’s forfeiture laws to include digital assets and establish a new Bitcoin reserve fund.
Following a June 19 motion in the Senate, House Bill 2324 is headed back to the Arizona House of Representatives for reconsideration.
The measure, which had previously failed to pass the House on May 7, was brought back after a narrow 16-14 Senate vote.
Republican Senator Janae Shamp, one of the lawmakers who initially voted against the bill, filed the motion to reconsider.
It must now secure a majority vote from the 60-member House, where Republicans hold 33 seats, after which it will proceed to Governor Katie Hobbs’ desk for potential approval.
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