Key Takeaways Arizona Governor Katie Hobbs signed House Bill 2749 into law on Wednesday, allowing the state to retain custody of unclaimed digital assets like crypto in their native form. The bill, sponsored by House Commerce Committee Chair Jeff Weninger,…
Key Takeaways Arizona is poised to become the first U.S. state to establish a Bitcoin reserve, following the passage of two crypto-related bills in the state legislature. The House of Representatives has approved Senate Bill 1025 and Senate Bill 1373,…
Key Takeaways Arizona lawmakers are making strides in crypto adoption with the advancement of the Strategic Bitcoin Reserve Act (SB1025). The bill, co-sponsored by Senator Wendy Rogers and Representative Jeff Weninger, was approved by the Arizona State Senate Finance Committee…
Key Takeaways Scottsdale police have arrested a man accused of stealing cryptocurrency by posing as an Uber driver. The suspect, identified as Nuruhussein Hussein, faces charges of theft, fraud, and money laundering. Authorities allege that he targeted passengers outside the…
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Key Takeaways The Arizona State Senate is currently mulling over a proposal that could potentially shake up the investment landscape for the Arizona State Retirement System (ASRS) and the Public Safety Personnel Retirement System (PSPRS). This proposal suggests delving into…
The veto power of Arizona's governor was used to defeat legislation that would have generally barred local governments from taxing individuals and businesses who run blockchain nodes.
Arizona voters will decide if the cryptocurrency is tax-exempt in November 2024 as part of a ballot question if the bill passes the legislature.
