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Will Arizona Become the First State to Join Feds in Planning a Bitcoin Reserve?

2025-07-04 03:42:55

Description

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, will look favorably on the legislation that was rejected by most Democratic lawmakers. She has vetoed a long list of bills in this session, and if she vetoes this, too, the matter is closed for the yea...

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