Arizona Senate Revives Bitcoin Reserve Bill
The Arizona Senate voted to revive House Bill 2324, a Bitcoin reserve bill that initially failed in the House, moving the state closer to creating a strategic Bitcoin reserve. This legislative development represents a significant step forward for state-level Bitcoin adoption in the United States. The bill proposes allocating a portion of state treasury funds to Bitcoin as a hedge against inflation and currency debasement. If successful, Arizona could become one of the first states to officially hold Bitcoin in its treasury reserves.
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