Arizona Governor shoots plans for State Reserve Bitcoin

The Arizonino Governor has Vetonov’s legislation that the state would put into the cryptocurrency.

“Arizona retirement system is one of the strongest in the nation, because it makes sound and informed investments” Gov. Katie Hobbs wrote Friday (2. Maya) in a letter indicate Sen. Warren Petersenthe state’s president.

Funds “Arizonans Pension Funds are not a place to try the state Unprested investments like virtual tero. “

State legislators last week approved legislation that would establish Bitcoin reserve, allowing the state to invest as much as 10% of their public assets in digital property.

Republican State Sen. Wendy Rogers He told NBC news last week that it was in the best interest of Hobbs to sign legislation, which would create the first State Bitcoin Reserve in the country.

“Crypto and Bitcoin have Huge tracking nations and in Arizona. They are wildly popular in young and independence, “Rogers said, adding,” I certainly hope it will sign it, because it will be able to take credit and will make it look good. “

She He expressed disappointment With Hobbs on X after the governor’s decision on Friday, writing: “Politicians do not understand that Bitcoin does not need Arizona. Arizona needs Bitcoin.”

Efforts of state legislator to establish the plans of Arizona Bitcoin Mirror by President Donald Trump to create a Similar Reserve at the national level. And as Pimnts wrote last week, it is also a sign of the growing main adoption of criminal criminal offices.

“Observers believe you are become more and more heldVia Wall Street and beyond, that digital means can no longer be limited to speculative circles. Since the BitCoin ETFS become a growing component of various portfolios and regulatory frameworks begin to crystallize, it seems that Dream decentralization is that the once defined crypto gives a place to a new era of structured integration.

“It is no longer a novelty to be the main investment firms that explore the crypto, but this year saw a turning point. Morgan Stanley is preparing for an offer Criptocurrenci Trading to the huge huge E * trade Base of customers as soon as next year, in addition to the potential to introduce millions of investors’ retailers in digital property through a familiar platform.

“Meanwhile, Charles Schwab is preparing to offer Crypto Trading for Bitcoin and Etherum, and the goal of meeting the demand of traditional investors.

“These moves are not isolated,” report was added. “BalkrockThe world’s largest property manager, pushes Blockcain technology deeper into conventional finance. The company recently announced plans for registering a new class stock of its 150 billion fund for 150 billion money on a block, step designed to increase transparency and operational efficiency. “