The Governor of Arizona calls a CRIPTO “unverified investment”, a striking account for reserves Bitcoin

Arizona will not invest in Bitcoin (BTC), at least not this year.

The Governor Katie Hobbs was on Friday Vetoo to the account that would allow the digital means as part of official reserves.

Legislation, known as the State Account of Senate 1025, proposed the use of seized funds for investing in BTC and create a reservation of digital assets managed by the state. After bringing a state house in a narrow vote of 31-25, Bill reached Hobbs’ table, where he was quick.

“Arizona State Anirematti System for Retirement is one of the strongest in the nation, because it is a sound and informed investment. Arizona pension funds are not a place to try unverified investments like Virtual Connigence,” it comes to Hobbs? statement.

Veto ends pushing could make an Arizona The first country that set up a cryptocurnancy reserve and it could even surpass the US Ministry of Finance.

Read more: As one country approaches Cripto Reserve, others jump in fracture