Arizona Governor Blocks Bitcoin Reserve Fund Proposal in Third Crypto Policy Veto
Published at:2025年07月02日 15:10
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Arizona Governor Katie Hobbs has vetoed House Bill 2324, effectively stopping a legislative effort to establish a state-backed Bitcoin and Digital Assets Reserve Fund. The proposed fund would have been capitalized using assets seized from criminal activities. This decision represents Governor Hobbs' third rejection of cryptocurrency-related legislation, signaling a cautious administrative approach toward digital asset adoption at the state level.
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