Arizona House Approves Crypto Reserve Bill; Governor’s Decision Looms

The Arizona House of Representatives has passed legislation requiring state financial transactions to maintain crypto reserves, marking a significant step in incorporating digital assets into the state’s economic strategy. This vote follows shifts towards embracing cryptocurrency for broader economic activity. The bill now awaits the governor’s decision, which could significantly shape Arizona’s crypto policies and regulations. A debate around regulatory adjustments continues with key stakeholders like government officials and industry leaders actively participating in this discussion.