Arizona Governor Katie Hobbs has reshaped the state’s approach to digital assets by vetoing multiple pro-crypto bills while signing legislation for stricter regulation of Bitcoin ATMs. In her latest move, Governor Hobbs rejected several proposals aimed at incorporating cryptocurrencies into Arizona state operations. 3 key bills that were struck down include SB 1373, which sought a Digital Assets Strategic Reserve Fund; SB 1025, proposing the use of state funds for Bitcoin investments; and SB 1024, allowing agencies to accept cryptocurrency payments. These vetoes reflect Governor Hobbs’ focus on safeguarding public funds. However, she did sign HB 2387, a new law establishing rigorous consumer protection standards for crypto ATMs. This comes after her recent decision to approve HB 2749, which allows the state to retain unclaimed digital assets like cryptocurrency in their original form. These decisions mark a significant shift in Arizona’s approach to digital assets. For more updates on the world of crypto and blockchain, visit DeFi Planet.