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    1. coinfeeds-bot on

      tldr; Arizona’s House of Representatives passed the Bitcoin Reserve bill (HB 2324) in a 34-22 vote, allowing the state to establish a ‚Bitcoin and Digital Assets Reserve Fund‘ using cryptocurrencies obtained through criminal forfeiture. The bill allocates seized digital assets, with the first $300,000 going to the Attorney General’s office and the remainder split between the state general fund and the reserve. If signed by Governor Katie Hobbs, it will be Arizona’s second crypto-based state reserve law.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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