Legislation

Arizona Establishes Bitcoin and Digital Assets Reserve Fund

On May 7, 2025, Arizona Governor Katie Hobbs signed a significant law establishing a Bitcoin and Digital Assets Reserve Fund, making Arizona the second U.S. state to do so. This legislation aims to modernize state financial practices and protect residents' virtual assets.

Published at 2025-05-12 17:13:36
U.S. States Embrace Cryptocurrency: Arizona and New Hampshire Lead with New Legislation

Arizona and New Hampshire have enacted new laws allowing state investments in cryptocurrencies. Arizona's law permits maintaining a reserve of unclaimed crypto, while New Hampshire allows a 5% investment in digital assets. These moves reflect a growing acceptance of cryptocurrencies in government.