Tagged: Katie Hobbs

Arizona Governor Vetoes Bill to Create Bitcoin Reserve in State Retirement Fund

Arizona Governor Katie Hobbs has vetoed Senate Bill 1025, a measure that would have allowed the state’s retirement fund to invest in virtual currencies such as Bitcoin. The veto effectively halts a legislative effort that could have made Arizona the first U.S. state to hold… Read More

Arizona Takes Significant Step Toward Potential Bitcoin (BTC) Reserve, Awaits Governor’s Decision

Arizona’s legislature has passed legislation that could position the state as a pioneer in Bitcoin and cryptocurrency adoption within the United States. The bill, which authorizes the state treasurer and retirement system to allocate up to 10% of their available funds to Bitcoin and other… Read More

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