Arizona Legislature Approves Bitcoin Reserve Bill, Awaiting Governor’s Signature

The Arizona Legislature has passed a groundbreaking bill that allows the state to invest 10% of its $315 billion asset portfolio in Bitcoin. The bill, now awaiting the governor’s signature, marks a significant step toward mainstream cryptocurrency adoption by state governments. This historic move positions Arizona as the first U.S. state to establish a Bitcoin reserve. This action is viewed as a crucial step for the future of cryptocurrency and could inspire similar initiatives across the nation.