Arizona Senator Submits Two More Crypto Bills – What Are They?
Senator Wendy Rogers is setting her sights to turn Arizona into the most crypto-friendly state in the United States, as she submits two more crypto bills on Tuesday. This isn’t the first crypto-related proposal to increase crypto’s utility incrementally in the Grand Canyon state. Last Friday, Rogers already submitted a bill aiming to make bitcoin […]
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Senator Wendy Rogers introduced a bill to make bitcoin a lawful currency in the U.S. state of Arizona.
Arizona’s legislature has passed a pioneering measure that could allow the state to invest billions of dollars in Bitcoin (BTC) and other cryptocurrencies. The legislation, known as S.B. 1025, permits state public funds to allocate up to 10% of their managed assets into digital assets, positioning Arizona as a leader in the integration of digital […]
Congressman Jared Polis is an outspoken supporter of Bitcoin and other digital currencies. A lot of politicians, such as Senator Joe Manchin, don't really seem to understand how Bitcoin works. They often have misinformed beliefs about the virtual currency, such as the belief that Bitcoin is mostly used by criminals, leading them to the conclusion that Bitcoin needs to be banned. However, a few politicians actually understand and appreciate the cryptocurrency. Take U. S. House of Representatives member Jared Polis, for example. Last week, Polis essentially trolled Senator Manchin and....
The close of last week coughed up some rather unpleasant news for Bitcoin (and crypto) supporters. Arizona’s governor, Katie Hobbs, announced her decision to veto Senate Bill 1025, also known as the ‘Arizona Strategic Bitcoin Reserve Act.’ SB1025 would have allowed Arizona’s treasurers and public retirement funds to invest up to 10% of state funds into $BTC and other crypto assets. Keep reading to learn more about Arizona’s Bitcoin problem. We’ll also discuss another potential bottleneck crypto is currently facing. Do stick around until the end because....
Crypto regulation has been a hot topic lately in the United States. The Infrastructure Bill has been one of the most talked-about bills in the crypto industry. Senators have usually taken a stand for or against favorable crypto regulations. And for the most part, the House has been divided on what should be done with […]