The Arizona House of Representatives has passed the Bitcoin Reserve Act, advancing the establishment of a cryptocurrency reserve
2025-04-28 22:34:08
The Arizona House of Representatives has passed two bills that could allow the state to adopt bitcoin or other cryptocurrencies to build reserves. During the third reading of Senate Bill 1025 (SB1025) on April 28, 31 lawmakers voted in favor and 25 against. Another similar bill, SB1373, passed with 37 votes in favor and 19 against. These approvals bring the bills closer to being signed into law than similar initiatives in any other state in the United States. Meanwhile, President Trump has signed an executive order in March proposing the establishment of a "strategic bitcoin reserve" and a "digital asset reserve".
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