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Arizona Eyes Historic Move: First State to Partner with Feds on Bitcoin Reserve?

Arizona Eyes Historic Move: First State to Partner with Feds on Bitcoin Reserve?

CoindeskEN
Author:
CoindeskEN
Release Time:
2025-04-29 16:11:56
0

Will Arizona Become the First State to Join Feds in Planning a Bitcoin Reserve?

Lawmakers push to make Arizona the testing ground for a state-federal Bitcoin treasury—because nothing says ’financial innovation’ like letting politicians hold the keys to volatile crypto.

Subheader: The Gold Standard 2.0—Or a Political Hail Mary?

While D.C. drags its feet on crypto regulation, Arizona’s legislature is charging ahead with a proposal to collaborate with federal agencies on a Bitcoin reserve. Critics call it a desperate bid for relevance; crypto bulls see a blueprint for the future. Either way, Wall Street’s watching—between sips of their $28 artisanal lattes.

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