Coinatory

Bitcoin Advocates Criticize Arizona Governor’s Veto Arizona Governor Katie Hobbs faced sharp criticism from Bitcoin proponents and financial policy advocates after vetoing Senate Bill 1025, known as the Arizona Strategic Bitcoin Reserve Act. The legislation, spearheaded by State Senator Wendy Rogers and Representative Jeff Weninger, sought to authorize the state to invest seized funds into Bitcoin and create a cryptocurrency reserve under government management. Rogers, a vocal supporter of dig... Coinatory cryptonews

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

Missouri Moves to Establish Bitcoin Reserve with House Bill 1217 With the passage of House Bill 1217, a bill that will establish a Bitcoin Strategic Reserve Fund, Missouri is moving forward with its cryptocurrency plan. The bill was introduced by State Representative Ben Keathley and aims to give the state treasurer the authority to store and invest in Bitcoin (BTC) as a component of Missouri's financial holdings. Using Bitcoin as an Inflation Hedging Tool The law, which was filed on February 6, presents B... Coinatory cryptocurrencies news

Wyoming Proposes Bill for Strategic Bitcoin Reserve Wyoming has introduced a landmark bill titled “State Funds—Investment in Bitcoin,” aimed at establishing a Strategic Bitcoin Reserve. The move positions Wyoming as a leader in financial innovation, just days before Donald Trump’s presidential inauguration on January 20. The proposal allows Wyoming state funds, including the general fund, the Permanent Wyoming Mineral Trust Fund, and the Permanent Land Fund, to allocate up to 3% of their value... cryptonews today

New Hampshire Considers Bitcoin Reserve Law to Diversify Treasury Assets Representative Keith Ammon's ground-breaking bill would establish New Hampshire as a leader in the adoption of cryptocurrencies. The proposed law would permit the state treasury to retain Bitcoin (BTC) in addition to more conventional stores of value like gold, silver, and platinum as a reserve asset. In light of the increasing demand for reliable infrastructure as digital assets become more widely accepted, the bill proposes the use of "secu... cryptonews today