Arizona Senate Approves Bitcoin Reserve Bill in Three Readings, Allowing State Government to Allocate Up to 10% of Funds for Bitcoin Investment

According to Zombit’s previous report

Arizona Governor Katie Hobbs had earlier stated that she would veto all bills if the state legislature did not propose a bipartisan funding solution to ensure medical services for the disabled. However, as the relevant funding bill was passed on April 24, there is widespread anticipation that Katie Hobbs may adopt a more open attitude towards SB1025 and SB1373, paving the way for the implementation of Bitcoin reserve legislation.