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B4Bit

06/21 05:28

Arizona almost buried this bill, but a surprising

Arizona almost buried this bill, but a surprising Senate move brought it back. Now it’s gaining serious traction.Arizona-Revives-Bitcoin-Reserve-Bill-768x432.webp
  • Arizona advances bill to manage seized digital assets through a new reserve fund.
  • Multiple U.S. states to explore similar crypto reserve legislation following Arizona.

Arizona lawmakers have been recently making headlines for their stance on digital assets, as recent legislative developments have highlighted both support and caution within the state’s leadership.

Earlier this year, Governor Katie Hobbs signed two key bills into law.

House Bill 2749 marked Arizona’s first official move to establish a digital asset reserve, while House Bill 2387 introduced consumer protection standards for cryptocurrency ATMs

At the same time, she has exercised restraint by vetoing more ambitious proposals involving public fund investments in crypto and the creation of a broader crypto reserve fund.


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