Arizona Governor Vetoes Bill to Establish Seized Cryptocurrency Fund

Published at：2025年07月02日 15:06

Arizona Governor Katie Hobbs has rejected a proposed bill that sought to create a state fund using confiscated cryptocurrency assets. The legislation would have allocated proceeds from seized digital currencies between law enforcement agencies and state coffers. Governor Hobbs' decision halts the initiative, which aimed to formalize the handling of crypto assets obtained through seizures.