Key Points:Governor Hobbs vetoed crypto bills SB 1024 and SB 1373 due to market volatility concerns.The state avoids directly integrating cryptocurrency into financial practices but maintains regulatory pathways.The veto aligns…
Arizona Governor Katie Hobbs vetoed two key cryptocurrency-related bills that aimed to expand the state’s involvement in digital assets while signing a strict regulatory measure targeting Bitcoin ATMs.On May 12,…
Key Points:Arizona Governor vetoes bitcoin reserve and crypto payments bills.Cites volatility as the primary reason for veto decisions.Local officials express disappointment over cryptocurrency stance.
Arizona Governor Katie Hobbs vetoed two significant…
In brief
Arizona Governor Katie Hobbs vetoed SB 1024 and SB 1373, the latter a complementary custody bill to the Bitcoin investment plan blocked last week.
SB 1025, vetoed earlier, would have…
Some state-level Bitcoin reserve proposals across the U.S. have hit roadblocks, after multiple states rejected bills to invest public funds in the leading crypto.Of the 50 U.S. states, over half…
House Republicans unveiled a discussion draft of a market structure bill but all eyes this week were on the Senate, where a largely bipartisan effort to advance stablecoin legislation ran…
Efforts to pass crypto legislation in the US Senate face mounting resistance amid growing ethical concerns around US President Donald Trump’s ties to crypto.In a May 5 letter to the…
In brief
Florida joins at least seven states in rejecting Bitcoin reserve bills in 2025.
Legislative support is thinning, with most proposals stalling before a floor vote.
Texas and New Hampshire remain the…
Key Takeaways:Arizona’s House of Representatives approved two bills proposing the creation of a state-managed Bitcoin reserve.SB1025 allows the treasurer to invest up to 10% of state funds in Bitcoin; SB1373…
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