Arizona to Decide on Bitcoin Investment for State Funds

Arizona House of Representatives will vote on two key bills – SB1373 and SB1025 – which could pave the way for the state to invest in Bitcoin. If approved, Arizona would become the first US state to formally include Bitcoin within its government treasury and retirement systems. The legislation proposes allocating up to 10% of the state’s funds towards Bitcoin and other digital assets. This move is anticipated to set an example for other states while potentially accelerating the adoption of cryptocurrency by governments.