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Arizona Governor Katie Hobbs vetoes the Digital Asset Strategic Reserve Act

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2025-05-03 07:49:49
In the third reading of Senate Bill 1025 (SB1025) in the Arizona House of Representatives on April 28, 31 members 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 U.S. state.
But according to the latest news from the state legislature website, Governor Katie Hobbs officially vetoed the Digital Asset Strategic Reserve Bill on May 2, preventing it from becoming law.
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