Arizona One Step Away From Implementing Bitcoin Reserve

Arizona lawmakers have taken a significant step forward, passing two bills (SB1025 and SB1373) that could lead to the state becoming the first in the US to hold Bitcoin as part of its reserves. These bills propose different methods for creating this cryptocurrency reserve, potentially allowing the state treasurer to allocate a portion of state funds into Bitcoin and similar digital assets. The bills passed with significant support from legislators, showcasing increasing interest from states across the nation.