Arizona Crypto Reserve Bill Advances Toward Final Vote

Arizona Crypto Reserve Bill Advances Toward Final Vote

Arizona’s Strategic Digital Assets Reserve Bill (SB 1373) is poised for a crucial final vote after gaining approval from the House Committee of the Whole on April 17. The bill, which allows the establishment of a Digital Assets Strategic Reserve Fund, would empower the state’s treasurer to manage digital assets seized through criminal proceedings. Under SB 1373, Arizona’s treasurer would be authorized to invest up to 10% of the fund’s total v...

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