Arizona is thinking about using cryptocurrency, like Bitcoin, to protect its money! Two new laws might let the state keep some of its money in digital coins. This is happening because the value of regular money can go up and down.
- One law lets Arizona put some money in different cryptocurrencies.
- Another law is just for Bitcoin, a very popular cryptocurrency.
- The money would be managed carefully by the state.
- Other states are also looking at this idea.
Fact | Detail |
---|---|
Vote on SB 1373 (Digital Assets) | 17-12 in favor |
Vote on SB 1025 (Bitcoin) | 17-11 in favor |
Maximum crypto investment | 10% of total deposits |