An Arizona Lawmaker is Trying to Ban Blockchain Gun Tracking
An Arizona lawmaker has proposed banning the use of blockchain to track firearms. House Bill 2216, first proposed on 17th January, would make it a felony "to require a person to use or be subject to" firearm tracking, explicitly identifying blockchain tech as a platform for doing so. The bill was submitted by Representative Paul Boyer and has steadily advanced through the legislature since its introduction. While it may sound unusual, the concept has been explored in the past by those working with the tech, perhaps most notably by way of the so-called "Glockchain"....
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An effort by Arizona lawmakers to prohibit the tracking of guns using blockchain technology has now progressed to the Senate. As CoinDesk reported earlier this month, a proposed new bill would prevent the use distributed ledgers in firearm tracking, with the exception of law-enforcement applications. The concept, put forward by technologists in the blockchain space, is that such a system could create an immutable history of transactions that records every time a gun is fired, for example. The proposed bill, HB 2216, has now cleared the Arizona House of Representatives by a 34-25 vote, with....
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 […]
An Arizona legislator wants to amend state law to account for blockchain signatures and smart contracts, public records show. HB 2417, introduced on 6th February, would make a signature enshrined on a blockchain a legal signature under Arizona law. Conversely, any "record or contract" secured by a blockchain would be "considered to be in an electronic format and to be an electronic record". The bill was put forward by state representative Jeff Weninger. Notably, the bill’s language also explicitly accounts for the use of smart contracts, or self-executing agreements....
Senator Wendy Rogers introduced a bill to make bitcoin a lawful currency in the U.S. state of Arizona.
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....