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Arizona Governor Vetoes Bitcoin Reserve Bill A gubernatorial veto has put a stop to Arizona's plan to include Bitcoin in its official reserves. Citing the dangers of investing public monies in erratic and "untested" digital assets, Governor Katie Hobbs vetoed Senate Bill 1025. The Digital Assets Strategic Reserve Act was a proposed law that would enable Arizona to create a state-managed cryptocurrency reserve and invest confiscated cash in Bitcoin. The law was officially vetoed on Frida... Coinatory crypto news

Arizona Senate Advances Bitcoin Reserve Bill The "Arizona Strategic Bitcoin Reserve Act" (SB1025) was passed by the state Senate Finance Committee on January 27 by a vote of 5-2, marking a major step in Arizona's adoption of Bitcoin. Senators Wendy Rogers and Jeff Weninger are co-sponsors of the bill, which would let the state to invest up to 10% of public funds, including those under the control of the state treasurer and retirement systems, in Bitcoin and other digital assets. Th... cryptocurrency news today

Arizona just advanced its ranking among blockchain-friendly states, bringing corporations one step closer to submitting all of their data on distributed ledger technology. Governor Doug Ducey has signed House Bill 2603, or the Corporations/Blockchain Technology bill, as an amendment to the Arizona Revised Statutes, which already supports “signatures and records secured through blockchain technology and smart contracts.” With the amendment, data that’s stored and shared by corporations on the blockchain also becomes valid. Arizona’s block ... Read more about " Arizona’s Corporate Blockchain Bill Becomes Law " on coinatory.com