Krutika Adani
Arizona lawmakers approve SB1025 and SB1373, bills that could make it the first U.S. state to hold Bitcoin and digital assets in public reserves.
SB1025 lets Arizona invest up to 10% of public funds—like pensions and treasury reserves—into Bitcoin, and store them securely in a federal reserve if one is created.
This bill establishes a Digital Assets Strategic Reserve Fund to hold seized crypto and allocated funds—including stablecoins, NFTs, and other digital assets.
Arizona lawmakers also passed HB2342, shielding home-based Bitcoin miners and node operators from local zoning laws—strengthening Arizona’s pro-crypto stance.