Arizona governor kills two crypto bills, cracks down on Bitcoin ATMs

Arizona Governor Katie Hobbs has vetoed two key cryptocurrency-related bills that aimed to expand the state's involvement in digital assets while simultaneously signing a strict regulatory measure targeting Bitcoin ATMs.On May 12, Hobbs rejected Senate Bill 1373, which sought to establish a Digital Assets Strategic Reserve Fund. The fund would have allowed Arizona to hold crypto assets obtained through seizures or legislative allocations.

Source: cointelegraph.com

Related symbols: BTCUSD

2025-05-13 09:00:04 GMT.