{"id":40439,"date":"2025-04-18T17:30:40","date_gmt":"2025-04-18T14:30:40","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=40439"},"modified":"2025-04-18T16:31:30","modified_gmt":"2025-04-18T13:31:30","slug":"arizona-crypto-reserve-bill-one-step-from-becoming-law","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/arizona-crypto-reserve-bill-one-step-from-becoming-law\/","title":{"rendered":"Arizona Crypto Reserve Bill One Step from Becoming Law!"},"content":{"rendered":"<p class=\"\" data-start=\"2201\" data-end=\"2501\"><strong data-start=\"2201\" data-end=\"2212\">Arizona<\/strong> is closing in on establishing a <strong data-start=\"2245\" data-end=\"2294\">state-level Bitcoin and digital asset reserve<\/strong> with its <strong data-start=\"2304\" data-end=\"2355\">Strategic Digital Assets Reserve Bill (SB 1373)<\/strong>. The bill passed the <strong data-start=\"2377\" data-end=\"2409\">House Committee of the Whole<\/strong> on April 17 and now awaits one final vote before landing on <strong data-start=\"2470\" data-end=\"2495\">Governor Katie Hobbs&#8217;<\/strong> desk.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/arizona-crypto-reserve-bill-one-step-from-becoming-law\/#What_the_Bill_Includes\" title=\"What the Bill Includes\">What the Bill Includes<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/arizona-crypto-reserve-bill-one-step-from-becoming-law\/#You_Might_Be_Interested_In_Elon_Musk_Talks_About_the_Name_of_a_New_Memecoin\" title=\"You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!\">You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/arizona-crypto-reserve-bill-one-step-from-becoming-law\/#US_States_in_the_Bitcoin_Reserve_Race\" title=\"US States in the Bitcoin Reserve Race\">US States in the Bitcoin Reserve Race<\/a><\/li><\/ul><\/nav><\/div>\n<h2 data-start=\"2503\" data-end=\"2532\"><span class=\"ez-toc-section\" id=\"What_the_Bill_Includes\"><\/span>What the Bill Includes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li data-start=\"2536\" data-end=\"2613\">A reserve fund made of <strong data-start=\"2559\" data-end=\"2584\">seized digital assets<\/strong> from criminal proceedings.<\/li>\n<li data-start=\"2616\" data-end=\"2713\">The <strong data-start=\"2620\" data-end=\"2639\">state treasurer<\/strong> can invest up to <strong data-start=\"2657\" data-end=\"2664\">10%<\/strong> of the fund in digital assets per fiscal year.<\/li>\n<li data-start=\"2716\" data-end=\"2805\">Loans can be made from the fund to <strong data-start=\"2751\" data-end=\"2768\">boost returns<\/strong>, as long as risk remains controlled.<\/li>\n<\/ul>\n<hr \/>\n<h4 data-start=\"1444\" data-end=\"1471\"><span class=\"ez-toc-section\" id=\"You_Might_Be_Interested_In_Elon_Musk_Talks_About_the_Name_of_a_New_Memecoin\"><\/span><strong><em>You Might Be Interested In: <a href=\"https:\/\/coinengineer.net\/blog\/elon-musk-talks-about-the-name-of-a-new-memecoin\/\">Elon Musk Talks About the Name of a New Memecoin!<\/a><\/em><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<hr \/>\n<p class=\"\" data-start=\"2807\" data-end=\"2963\">However, <strong data-start=\"2816\" data-end=\"2834\">Governor Hobbs<\/strong> has recently vetoed 15 bills in one week and pledged to <strong data-start=\"2891\" data-end=\"2916\">block all legislation<\/strong> until a <strong data-start=\"2925\" data-end=\"2952\">disability funding bill<\/strong> is passed.<\/p>\n<h2 data-start=\"2965\" data-end=\"3009\"><span class=\"ez-toc-section\" id=\"US_States_in_the_Bitcoin_Reserve_Race\"><\/span>US States in the Bitcoin Reserve Race<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"\" data-start=\"3011\" data-end=\"3188\">Arizona is also advancing <strong data-start=\"3037\" data-end=\"3048\">SB 1025<\/strong>, a separate bill focused solely on <strong data-start=\"3084\" data-end=\"3101\">Bitcoin (BTC)<\/strong>, allowing public retirement systems and the treasury to allocate <strong data-start=\"3167\" data-end=\"3187\">up to 10% in BTC<\/strong>.<\/p>\n<p class=\"\" data-start=\"3190\" data-end=\"3416\">Other states like <strong data-start=\"3208\" data-end=\"3217\">Texas<\/strong>, <strong data-start=\"3219\" data-end=\"3227\">Utah<\/strong>, and <strong data-start=\"3233\" data-end=\"3250\">New Hampshire<\/strong> have proposed similar legislation. But according to <strong data-start=\"3303\" data-end=\"3319\">Bitcoin Laws<\/strong> founder <strong data-start=\"3328\" data-end=\"3345\">Julian Fahrer<\/strong>, <strong data-start=\"3347\" data-end=\"3356\">Texas<\/strong> may be the first to succeed due to fewer political hurdles.<\/p>\n<hr \/>\n<p data-start=\"3190\" data-end=\"3416\"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Arizona is closing in on establishing a state-level Bitcoin and digital asset reserve with its Strategic Digital Assets Reserve Bill (SB 1373). The bill passed the House Committee of the Whole on April 17 and now awaits one final vote before landing on Governor Katie Hobbs&#8217; desk. What the Bill Includes A reserve fund made<\/p>\n","protected":false},"author":28,"featured_media":35624,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,657,2],"tags":[11294,61,60,6265,11261,14555,3708,14554,14556,6662,11423],"class_list":["post-40439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-en","category-news","tag-arizona","tag-bitcoin","tag-btc","tag-crypto-bill","tag-digital-asset-policy","tag-katie-hobbs","tag-new-hampshire","tag-sb-1373","tag-state-crypto-fund","tag-texas","tag-utah"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Arizona Crypto Reserve Bill One Step from Becoming Law! - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/arizona-crypto-reserve-bill-one-step-from-becoming-law\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arizona Crypto Reserve Bill One Step from Becoming Law! - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Arizona is closing in on establishing a state-level Bitcoin and digital asset reserve with its Strategic Digital Assets Reserve Bill (SB 1373). 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