Arizona’s Crypto Reserve Bill One Vote Away From Heading To Governor’s Desk For Final Approval
One of Arizona’s crypto reserve bills is one successful vote away from heading to the governor’s desk for final approval after it passed by the House. The state’s Strategic Digital Assets Reserve Bill (SB1373) was approved by the House Committee of the Whole on April 17. There will now be a third reading of the bill before a final floor vote. Arizona Governor Might Set The Senate-Approved Crypto Reserve Bill Back SB1373 seeks to create a fund made up of digital assets that were seized through criminal proceedings. ARIZONA Update: Bitcoin Reserve Bill SB 1373 has been passed by the House Committee of the Whole (with a minor amendment). The next step is Third Reading and final floor vote. pic.twitter.com/oOahjbZATR — Bitcoin Laws (@Bitcoin_Laws) April 17, 2025 Arizona’s treasurer would then be permitted to invest up to 10% of the fund’s total assets in any fiscal year. The state’s treasurer would also be able to loan the fund...