Arizona Poised To Be The First US State To Officially Hold Bitcoin In Its Tre...
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 […]
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Arizona has advanced Senate Bill 1025 — also known as the “Arizona Strategic Bitcoin Reserve (SBR) Act” — out of committee, positioning it to become the first US state to vote on legislation that would authorize investing state funds in Bitcoin. Dennis Porter, CEO and founder of the advocacy group Satoshi Act Fund, broke the […]
The seven filings also suggested ASU could be exploring the use of nonfungible tokens to authenticate many documents from diplomas to tickets for university events. One of the largest public universities in the United States by enrollment may be planning to launch virtual classes in the metaverse in the future. According to records submitted to the United States Patent and Trademark Office, or USPTO, on June 7 and June 8, the Arizona Board of Regents on behalf of Arizona State University filed seven applications for variations of its name — ASU, Arizona State, Arizona State University — as....
Big if true. Did Arizona one-up every other Bitcoiner state? A bill that seeks to make Bitcoin legal tender in the state is circulating through Twitter and Telegram groups. Doubt is still in the air, and there’s no official confirmation, but the document seems to exist. And, even though it’s just a bill and there’s […]
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 […]
The financial regulator of the U.S. state of Arizona has warned investors about crypto interest-bearing accounts. “Some companies may materially overstate the degree to which their collateral practices protect their ability to pay investors the stated return,” the regulator said. State Regulator Warns About Crypto Interest-Bearing Accounts The Arizona Corporation Commission issued an investor alert this week, warning about “digital asset financial services companies that offer interest-bearing crypto-asset accounts.” The regulator explained: “With....