Arizona passes bill to establish Bitcoin reserve

May 7, 2025

Crypto-media reporting:

  • Arizona passes bill to establish Bitcoin reserve after vetoing separate crypto legislation
  • Arizona has joined New Hampshire in embracing Bitcoin
  • Governor Hobbs signed a bill creating a Bitcoin and Digital Assets Reserve Fund
  • The reserve fund will oversee digital assets, preventing Bitcoin from being used for general fund transfers.

Bitcoin has hit its highest since February 21:

Bitcoin arizona reserve 08 May 2025 2

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