Arizona Governor Vetoes Third Bitcoin Reserve Bill, Citing Local Law Enforcement Concerns

Arizona Governor Katie Hobbs has vetoed another Bitcoin (BTC) reserve bill. House Bill 2324 sought to establish a ‘Bitcoin and Digital Assets Reserve Fund’ funded by criminal asset forfeiture. This marks the third veto of a digital asset reserve bill in the current legislative session, highlighting a cautious approach to incorporating cryptocurrency into the state’s financial framework. Arizona’s Bitcoin Reserve Bill Dies After Governor Hobbs’ Veto BeInCrypto reported that the bill initially failed a final House vote in early May source: https://beincrypto.com/arizona-governor-vetoes-bitcoin-reserve-bill/