Bitcoin Milestone US House Approves Arizona Bill

Arizona House Approves Bitcoin Reserve Bill SB 1373

• The Arizona House of Representatives has approved the Bitcoin Reserve Bill, SB 1373.
• The bill requires one more vote before it can be sent to Governor Katie Hobbs.
• Governor Hobbs may veto the bill if a bipartisan funding solution for disability programs is not agreed upon.
• This legislation proposes establishing a strategic Bitcoin reserve in Arizona.
• Dennis Porter, CEO of the Satoshi Action Fund, emphasized the significance of this legislative step.

Arizona’s House has passed SB 1373, which now awaits a final vote before it can be presented to Governor Hobbs. However, her veto threat looms due to unresolved funding issues for disability programs.