Arizona Governor Blocks Bitcoin Reserve Legislation

Posted: 2025-05-03 15:33:33 UTC

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#Arizona

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2025-05-03 15:33:51 UTC

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Arizona Governor Katie Hobbs has vetoed the Strategic Bitcoin Reserve legislation, citing Bitcoin as an "untested investment."

Arizona's proposed Bitcoin reserve blocked

Hobbs' veto based on Bitcoin's perceived risk

Overcoming concerns about Bitcoin's viability as a state investment