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Arizona Governor Hobbs Rejects Two Crypto Bills, Cites Risk Concerns

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Arizona Governor Katie Hobbs has vetoed two cryptocurrency-related bills passed by the state legislature, citing concerns over the financial risks involved in integrating digital assets with state operations. The decision reflects the governor’s cautious approach to digital assets despite growing legislative interest […]

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Arizona says NO to CBDC ban and crypto payments in sweeping veto

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On May 12, Arizona Governor Katie Hobbs rejected three crypto-friendly bills, Senate Bills 1373, 1024, and 1095. The bills aimed to expand the government’s role in digital asset adoption while opposing central bank digital currencies (CBDCs). At the same time, the governor signed a new law, House Bill 2387, that introduces tighter rules for crypto

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Arizona Passes Bitcoin Reserve Bill, Becomes Second US State

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Arizona has enacted House Bill 2749, a measure that rewrites the state’s unclaimed-property code to cover cryptocurrencies and creates a “Bitcoin & Digital Assets Reserve” funded entirely from abandoned digital holdings. Governor Katie Hobbs’ signature makes Arizona the second state after New

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Arizona and Oregon embrace Bitcoin in sweeping new laws

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Two US states have taken significant steps to integrate Bitcoin and digital assets into public policy. On May 7, Arizona and Oregon passed new laws that signal growing acceptance of crypto at the state level. Arizona launches Digital Asset Reserve Arizona has created a state-run Bitcoin and Digital Asset Reserve Fund following the passage of

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Arizona senator vows to reintroduce Bitcoin reserve bill despite governor’s veto

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Arizona State Senator Wendy Rogers says she will bring back her proposed Strategic Bitcoin Reserve (SBR) bill in the next legislative session. This comes after Governor Katie Hobbs rejected the initial bill, marking the first time a sitting US governor has formally blocked such a crypto initiative. Senator Rogers shared her plans over the weekend,

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Arizona State Governor Vetoes Bitcoin Reserve Bill

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Arizona State Governor Katie Hobbs has vetoed a legislative bill that would have allowed the creation of a Bitcoin reserve. The Grand Canyon state joins a growing list of other US states where legislative efforts to direct state investment to Bitcoin have

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Arizona Governor Vetoes Bitcoin Bill, Faces Backlash From Community

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Arizona Governor Katie Hobbs has sparked criticism from Bitcoin advocates and some government officials after vetoing legislation that would have allowed the state to hold Bitcoin in its official reserves. The bill, known as the Arizona Strategic Bitcoin Reserve Act, aimed to authorize the state to invest seized funds into Bitcoin and establish a reserve

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Arizona House Passes Bitcoin Reserve Bill, Now Goes To Governor’s Desk For Final Signature

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Bitcoin Magazine Arizona House Passes Bitcoin Reserve Bill, Now Goes To Governor’s Desk For Final Signature Arizona has taken yet another huge step toward potentially adopting Bitcoin. The state legislature has officially passed two bills that would see Arizona hold Bitcoin as part of its treasury reserves. In a vote of 31-25, Senate Bill (SB)

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