Arizona governor vetoes bill to make Bitcoin part of state reserves

Arizona Governor Katie Hobbs has vetoed a bill that would have allowed the state to hold Bitcoin as part of its official reserves, effectively ending efforts to make Arizona the first US state to adopt such a policy.The Digital Assets Strategic Reserve bill, which would have permitted Arizona to invest seized funds into Bitcoin BTC BTC - $108973.519 and create a reserve managed by state officials, was formally struck down on Friday, according to an update on the Arizona State Legislature's website. “Today, I vetoed Senate Bill 1025.

Source: cointelegraph.com

Related symbols: BTCUSD

2025-05-03 09:39:01 GMT.

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Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,869,206. The last known price of Bitcoin is 108,669.86183883 USD and is down -0.50 over the last 24 hours. It is currently trading on 12185 active market(s) with $56,191,392,493.99 traded over the last 24 hours. More information can be found at https://bitcoin.org/.