Arizona Advances Digital Asset Reserve Bills Amid Political Challenges

According to Cointelegraph, two significant digital asset reserve bills in Arizona have successfully passed the House Rules Committee and are now set for a full vote on the House floor. These bills, if enacted, would enable Arizona to create strategic digital asset reserves using assets seized from criminal activities and newly invested public funds. With Republicans holding a 33-27 majority in the Arizona House of Representatives, the bills have a favorable chance of passing. However, the final challenge may come from the state's Democratic governor, Katie Hobbs, who has a history of vetoing legislation, having blocked 22% of bills in 2024, the highest rate among state governors source: https://www.binance.com/en/square/post/22004238598257?utm_source=BinanceNewsRSS