Arizona Governor Vetoes Digital Assets Reserve Fund Bill

Posted: 2025-05-13 06:16:31 UTC

@CointelegraphCointelegraph

#Arizona

#cryptocurrency

#politics

#digitalassets

#KatieHobbs

#SB1373

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Last Updated

2025-05-13 06:20:17 UTC

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Arizona Governor Katie Hobbs has vetoed SB1373, a bill that would have created a digital assets reserve fund for the state.

Veto of digital assets reserve fund bill

Concerns over cryptocurrency market volatility

Protection of general fund dollars

Cryptocurrency market volatility

Risk to general fund dollars