Blog

Will Arizona be the first state to join the Feds in planning a Bitcoin (BTC) Reserve?



Arizona has broken the new land on what has been A race in US states To see which one can be the first to set up a crypto reserve as a formal part of their fiscal approach, Getting the approved law with most Republican lawmakers who support.

It is unclear whether Governor Katie Hobbs, a Democrat, will be good to the law that most democratic lawmakers have rejected. He has vetoed a long list of fees In this session, and if he can taketoes it too, the thing is closed for the year.

If it has been approved, Arizona’s integration of digital assets in public-fund investments may further exacerbate the US Treasury Department’s efforts to do this, which is still awaiting a full accounting of US handling President Donald Trump called.

With the Arizona House of Representative who passed the Crypto Reserve effort on a 31-25 vote on Monday-three Democrats voted in favor-the state passed by others considering similar measures, including New Hampshire, where a bill passed its home.

But Hobbs is in a budget dispute among Republican lawmakers.

“Any bill that is not at my desk In a posting of April 17 on the Social Media Site X. That thing can be solved with his signature on a Disabilities in the funding of disabilities last week.



Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button