Story Highlights* Governor Katie Hobbs vetoed HB 2324, blocking plans to fund a state Bitcoin reserve with seized crypto, citing enforcement disincentives.
Arizona’s cautious stance contrasts with pro-crypto states like Texas and New Hampshire, fueling debate on crypto in public finance.
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Arizona Won’t Build Bitcoin Fund with Seized Assets, Says Governor Katie Hobbs
Story Highlights* Governor Katie Hobbs vetoed HB 2324, blocking plans to fund a state Bitcoin reserve with seized crypto, citing enforcement disincentives.