The governor of Arizona, Katie Hobbs, has sign A bill (HB 2749) which will establish a Bitcoin strategic reserve (SBR).
The SBR bill stipulates that the State will take money from unqualized goods which are transferred to state care. The state protects the financial assets that have been forgotten by their owners.
In particular, Arizona will also collect parachids and awards to develop the reserve.
As reported by U.TODAY, Hobbs vetoed SB 1025, another Bitcoin bill, earlier this week, arousing criticism from the Bitcoin community.
Arizona was on the right track to become the very first state to adopt a SBR bill, but it was recently exceeded by the New Hampshire.
New Hampshire, the largest libertarian center in the United States, adopted a bill that would invest up to 5% of state funds in Bitcoin.
HB 2749 is a watered down version of SB 1025, which would make it possible to invest in public funds and enter the crypto in Bitcoin.
However, this decision was widely celebrated in the cryptography industry.
“Second state in two weeks. Not an inconsistent decision. A law. Bitcoin is entering the dominant current,” said Bitwise Hunter CEO Horsley said.
“You can buy while governments buy or after buying,” said Binance's former CEO, Changpeng Zhao.
