Arizona Governor Vetoes Crypto Bills, Approves ATM Regulation
- Governor Katie Hobbs vetoed Senate Bills 1024 and 1373, both related to digital assets.
- Senate Bill 1025, vetoed earlier, would have allowed up to 10% of state funds in Bitcoin.
- Hobbs signed House Bill 2387, enforcing strict rules on crypto ATM operations.
- The new law caps transactions at $2,000 per day for new customers and $10,500 for existing ones.
- House Bill 2749 updates unclaimed property laws to include digital assets.
Arizona Governor Katie Hobbs rejected two bills expanding digital asset use but approved a measure regulating crypto ATMs with transaction limits and compliance rules.
Source (2.6)https://decrypt.co/319379/arizona-governor-vetoes-two-crypto-bills-signs-one-targeting-atm-fraud?rand=52368
