- The strategic reserve advisor to the digital asset, which allowed the state to adhere to its official reserves, was rejected.
- The governor mentioned that he would reject any legislation that is not related to the bilateral contract of the financing of the disability.
Arizona governor Katie Hobbs rejected the billReferring to the state, the state has BTC from its official reserves, eventually killing the hope of changing Arizona's first US state to introduce such policies.
The Strategic Reserve Act of the Digital Property Act was a door to allow Arizona to invest seized money in BTC and to make a reservation administered by public officials, but it was rejected on May 2, according to the Arizona Legislator's website.
The governor claimed that I rejected the Senate bill of 1025. Arizona pension funds are not a place for the country to try unspeaked investments like digital assets.
Recently, the bill took the final vote in the State House in 31 and 25 oppositions. Hobbs have so far mentioned that it will reject any legislation that is not related to the bilateral contract for the financing of trees.
Crypto Reserve's effort in Arizona after veto
Another bill referred to by SB1373 is authorized to separate the state's treasurer from about 10% of the country's rainy day to virtual assets such as BTC, has not yet reached the final destination.
Now Arizona is on the same list as other states that have failed. Over the past few months, proposals from other countries, such as Oklahoma, Montana, South Dakota and Wyoming, have been prevented or retained.
On the other hand, the North -Carolina Digital Assets Investment Act was adopted on April 30. As a result, the country's treasurer can invest in about 5% of some money in cryptocurrency. Now the state Senate is to consider the bill.
The efforts of different countries to create Bitcoin stocks are clearly due to the propulsion of newly elected President Donald Trump and other Republicans.
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