One of the bills in Arizona was approved by the House of Representatives and is now a successful voice away from going to the ruler’s office for official approval.
The Strategic Digital Assets Bill in Arizona (SB 1373) was consent On April 17 by the House of Representatives Committee, which includes 60 members of the House of Representatives weighing the draft law before the third and final reading and full vote.
SB 1373 seeks to create a strategic reserve fund for digital assets consisting of digital assets seized through the criminal procedures run by the treasurer in the state.
The Erzona Fund Secretary is allowed to invest up to 10 % of the fund’s total funds in any fiscal year in digital assets. The treasurer will also be able to approve the fund’s assets in order to increase the returns, provided that it does not increase the financial risks.
However, Arizona Governor Katie Hobbes, which was approved by the Senate SB 1373, may return pledge To transfer the veto on all draft laws until the legislative body practiced a draft law to finance disability.
Hobbes also has a file date From the veto of bills before the home and the right to veto against the veto 15 She sent bills to her office this week alone.
Arizona is the new leader in the government bitcoin reserve race
SB 1373 passes through the Legislative Board of Arizona as well as the Bitcoin Strategic Reserve Law in Arizona (SB 1025), which only includes bitcoin (BTC).
The draft law suggests allowing the Treasury and Pension Ministry in Arizona to invest up to 10 % of the funds available in Bitcoin.
SB 1025 Erzona home committees approved for each on April 1 and a full floor vote is awaited.
Related to: The CEO says Binance helps countries with Bitcoin reserves and encryption policies
Utah approved Bitcoin’s legislation on March 7, but canceled the rule of the cornerstone that creates the Bitcoin Reserve in the final reading.
The Senate in Texas acknowledged Bitcoin on March 6, while a similar bill was recently passed in the New Hampshire home.
magazine: “Only the Terms is only taboo,” says Violetta Zeroni, who sold the song to 1 BTC.
Related Articles
