DeepFlowTech
vip

According to a report by The Block citing Bloomberg Government, on April 29, local time on Monday, the Arizona legislature passed the "Arizona Strategic Bitcoin Reserve Act," which has now been submitted to the governor's office for signing.



The bill will allow the state treasury and retirement system to invest up to 10% of available funds in digital assets, particularly Bitcoin. If Democratic Governor Katie Hobbs signs the bill, Arizona will become the first state to require public funds to invest in Bitcoin. The bill was jointly proposed by Republican Senator Wendy Rogers and Representative Jeff Weninger.
View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)