BlockChain News

Arizona has become the second American state to pass the Bitcoin Reserve Bill

Arizona is now the second country in the United States to pass the Bitcoin Bill, a historical step seen as an introduction to the next federal strategic BTC reserve.

House Law Bill 2749 It was signed by the governor of Arizona Katie Hobbes on Wednesday. This legislation allows Arizona to take the ownership of abandoned digital assets if the owner ignores the messages sent within three years. This management follows the New Hampshire Bell 302, which allows the Ministry of Governmental Treasury Bitcoin investments.

The law also enables the creation of Bitcoin and Digital Asset, which will accumulate value of rewards and air from these assets without using taxpayer boxes.

“The digital assets are not the future – it is the present. This law guarantees that Arizona does not leave the value sitting on the table and puts us in a position that allows us to lead the country on how to secure us, and benefit from the deserted digital currency in the end,” President Winigneger said during the press statement.

founder Bitcoin The laws Julian Fahr noted on X that the Hobbes signature from HB 2749 gives more hope that it may also agree to the Senate Law 1373, which is currently maintaining its office.

SB 1373 will allow the Arizona treasurer, currently Kimberly Yee, to allocate up to 10 % of the BITCOIN budget installation box.

In the aftermath of the New Hamebeshire Kelly Ayot ruler signing the Law 302 in the law, the passage of the procedure in Arizona state to the state’s treasury is allowed to use money to invest in cryptocurrencies to evaluate the market with more than 500 billion dollars.

Also read: Senator Sennia for the chairmanship of the Bitcoin Strategic Reserves Committee



https://www.cryptotimes.io/wp-content/uploads/2025/05/Arizona-Becomes-2nd-US-State-to-pass-Bitcoin-Reserve-Bill.jpg

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button