- The state of Arizona in the United States has reportedly approved a bill to introduce a Bitcoin strategic reserve.
- The bill reportedly includes the introduction of a Bitcoin strategic reserve at the state government level.
- It reportedly allows up to 10% of public funds to be invested in virtual assets.
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- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
The state of Arizona in the United States has approved a bill to introduce a Bitcoin (BTC) strategic reserve.
According to Crypto Briefing on the 28th (local time), the Arizona State Senate Finance Committee passed the 'Strategic Bitcoin Reserve Bill (SB1025)' the previous day.
This bill introduces a Bitcoin strategic reserve at the state government level, allowing up to 10% of public funds to be invested in virtual assets (cryptocurrencies).
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.PiCK News
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