Arizona Governor Katie Hobbs has exercised her veto power on two key cryptocurrency bills, SB 1373 and SB 1024. SB 1373 aimed to create a digital asset reserve fund, while SB 1024 proposed enabling institutions to accept cryptocurrency payments. However, Governor Hobbs signed HB 2387 into law, introducing stricter regulations for cryptocurrency ATMs in the state. The new legislation mandates several requirements for operators: multilingual fraud warnings must be displayed on all machines; daily transaction limits have been set at $2,000 for new users and $10,500 for existing users; 24/7 customer support is mandatory; and anti-money laundering protocols must be followed.