News with the tag "Arizona"

Arizona Governor Katie Hobbs has vetoed two cryptocurrency-related bills passed by the state legislature, citing concerns over the financial risks involved in integrating digital assets with state operations. The decision reflects the governor’s cautious approach to digital assets despite growing le...

State Governor Katie Hobbs had previously vetoed a slightly different bill that would have allowed state entities to invest up to 10% of their funds in crypto. Arizona Joins New Hampshire with State Bitcoin Reserve Initiative Just a day after New Hampshire passed a law allowing the state to purchase...

Texas lawmakers have advanced the Strategic Bitcoin Reserve (SBR) bill to the final stage, which could make it the third state in the US with crypto reserves. This move follows the steps of Arizona and New Hampshire, which recently signed two SBR bills into law. Texas Bitcoin Reserve’s Fate To Be De...

Bitcoin surges into state-level finance as two U.S. states legalize strategic bitcoin reserves within 48 hours, signaling unstoppable bipartisan momentum and a new financial era. Bitcoin Breaks Through Politics: Two States Flip in 48 Hours With Explosive Moves Momentum behind strategic bitcoin reser...

Arizona has enacted House Bill 2749, a measure that rewrites the state’s unclaimed-property code to cover cryptocurrencies and creates a “Bitcoin & Digital Assets Reserve” funded entirely from abandoned digital holdings. Governor Katie Hobbs’ signature makes Arizona the second state after New Hampsh...

Arizona Governor Katie Hobbs has signed a bill that allows the state to legally take possession of unclaimed cryptocurrency and use it to build a Bitcoin and Digital Asset Reserve Fund—without touching taxpayer money. House Bill 2749, signed into law on May 7, empowers the state to classify digital ...

In a significant development signaling growing interest in digital assets at the state level, Arizona Governor Katie Hobbs has signed into law a bill creating a State Digital Asset Reserve Fund . This move positions Arizona as a forward-thinking state actively engaging with the cryptocurrency landsc...

Arizona Governor Katie Hobbs signed House Bill 2749 into law on Wednesday, introducing provisions to allow the state to establish a digital assets stockpile, making it the second state in the United States to create such a framework. The move has been widely celebrated within the cryptoverse. “Secon...

Arizona Governor Katie Hobbs has signed House Bill 2749, which allows the state to establish a reserve fund that holds unclaimed digital assets, airdrops, and staking rewards. The approval comes days after Governor Katie Hobbs vetoed another crypto bill – the Arizona Strategic Bitcoin Reserve Act ( ...

Arizona has broken new ground in what's been a race among U.S. states to see which may become first to set up a crypto reserve as a formal part of their fiscal strategy, getting legislation approved with mostly Republican lawmakers in support. It's unclear whether Governor Katie Hobbs, a Democrat, w...