Crypto

Arizona Governor Vetoes Two Blockchain-Related Bills Over Volatility Concerns

2025/05/14 21:05
CoinPost
Written by L.Kikutani
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Arizona Governor Vetoes Two Blockchain-Related Bills Over Volatility Concerns

Two More Bills Rejected

On the 12th, Arizona Governor Katie Hobbs exercised her veto power on two out of three cryptocurrency-related bills, signing only one. The rejected bills included provisions for holding Bitcoin (BTC) in the state's reserve and pension funds.

Notably, 'SB1373', a bill that aimed to establish a reserve account for managing cryptocurrencies seized by the state, was vetoed by the Governor citing market volatility as the reason.

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MAGAZINE

Iolite Vol.13

May 2025 issueReleased on 2025/03/28
Interview Iolite FACE vol.13 Joseph Lubin, co-founder of Ethereum and founder of Consensys PHOTO & INTERVIEW Yusuke Narita Features: "Dawnbreak Players 30: 30 Web 3.0 Players to Watch in 2025", "How to Use EXPO2025 DIGITAL WALLET", "The Global Controversy Over Meme Coins: What Happened in the U.S. and Argentina", "Finally, Technology Has Entered the Social Implementation Phase: Examples of Web 3.0 Use in an Era of Declining Population" Crypto Journey: Interview with Mohsin, a Popular Crypto YouTuber Special Series: Virtual Nishi: "Market Trends in Crypto Assets and Key Points to Interpret" Series: Tech and Future: Toshinao Sasaki, etc.