ChainCatcher news, according to Bitcoin News, the Arizona Senate has passed the Bitcoin Reserve Bill SB 1373, which is now submitted to Governor Hobbs for final approval.Previously, the Governor of Arizona vetoed the state's strategic Bitcoin Reserve Bill SB 1025.

ChainCatcher news, according to Bitcoin Laws, the Arizona legislature needs a two-thirds majority to override the governor's veto of the Bitcoin reserve bill SB 1025.Based on the final voting results in the House (31-25) and the Senate (17-11), this possibility is unlikely.

ChainCatcher news, Arizona Governor Katie Hobbs vetoed the "Digital Asset Strategic Reserve" bill passed by the state House and Senate, calling cryptocurrency an "unverified investment." The bill SB 1025 allows the state treasury and pension systems to invest up to 10% of available funds in virtual currency, focusing on Bitcoin.

ChainCatcher news, the Arizona House of Representatives has passed two bills that may allow the state to establish reserves in Bitcoin or other cryptocurrencies.In the third reading of Senate Bill 1025 (SB1025) on April 28, 31 lawmakers voted in favor, while 25 opposed. Another similar bill, SB1373, passed with 37 votes in favor and 19 against. These approvals bring these bills closer to being signed into law than similar initiatives in any other state in the U.S.Meanwhile, President Trump signed an executive order in March proposing the establishment of a "strategic Bitcoin reserve" and "digital asset reserves."

According to ChainCatcher news, as disclosed by Bitcoin Laws, two Bitcoin reserve bills in Arizona are set to undergo a third reading on Monday local time, with a potential final vote. If passed, Arizona is expected to become the first U.S. state to complete state-level Bitcoin reserve legislation.

ChainCatcher News, the Arizona House Committee in the United States passed the "SB 1373" bill on Thursday, which aims to establish a Strategic Digital Asset Reserve Fund, with funding sources including appropriations and seized cryptocurrency assets. The Treasurer may hold and lend assets through compliant channels to generate revenue, with an annual investment cap of 10% of the total fund amount. The bill covers blockchain assets such as Bitcoin, stablecoins, and NFTs. The bill will officially take effect after being submitted to the governor for signature.

ChainCatcher news, according to Cointelegraph, a cryptocurrency reserve bill in Arizona has passed the House and is now just one successful vote away from being submitted to the governor's desk for formal approval.On April 17, Arizona's Strategic Digital Asset Reserve Act (SB 1373) was approved by the full committee of the House. Before the third and final reading and full vote, the bill must be reviewed by 60 members of the House. SB 1373 aims to establish a strategic reserve fund for digital assets, composed of digital assets seized through criminal proceedings, and managed by the state treasurer.

ChainCatcher news, cryptocurrency payment solution provider Alchemy Pay officially announced that it has obtained a Money Transmitter License (MTL) issued by the Arizona Department of Insurance and Financial Institutions. As of now, Alchemy Pay holds remittance licenses in nine states in the United States. In addition to Arizona, these include Arkansas, Iowa, Minnesota, New Hampshire, New Mexico, Oklahoma, Oregon, and Wyoming.

ChainCatcher news, according to Bitcoin Laws, Arizona has officially passed the Bitcoin Mining Rights Bill HB 2342, which protects anyone running a node or mining digital assets from restrictions due to partitioning or usage bans.The bill was passed today in the Senate with a vote of 17 to 12 and has now been sent to the governor's office for signing.

According to ChainCatcher news, as disclosed by Bitcoin Laws, Arizona has officially passed the Bitcoin Mining Rights Bill HB 2342, which protects anyone running a node or mining digital assets from restrictions due to partitioning or usage bans. The bill was passed today in the Senate with a vote of 17 to 12 and has now been sent to the governor's office for signing.

ChainCatcher news, according to Bitcoin Laws, the Arizona House Committee has passed the Bitcoin Reserve Bill (SB 1025 and SB 1373).The next steps are three readings, followed by a final vote in the House. If passed, it will be submitted to the governor for signing.

ChainCatcher news, according to Bitcoin Laws, two Bitcoin reserve bills in Arizona, USA, have currently passed the Senate and are submitted to the House for review.It is reported that SB 1025 passed with a vote of "17-11-2".

ChainCatcher news, according to Cointelegraph, the Arizona State Senate has passed two cryptocurrency reserve bills, bringing them closer to becoming law. These bills are now submitted to the state's House of Representatives.

ChainCatcher news, according to Crypto.news, Arizona State Representative David Marshall has introduced House Bill 2387, proposing strict regulations on cryptocurrency ATM operations. This follows a series of incidents in the state, including a woman being scammed out of $17,000. The proposed bill will implement several protective measures, including:Daily transaction limit of $1,000Mandatory state operator licensingRequired refund policy options

ChainCatcher news, Bitcoin Magazine quoted Eric Weiss, a board member of the publicly listed company Core Scientific, on the X platform, stating that 15 states, including Alabama, Arizona, and Florida, have currently initiated plans related to Bitcoin strategic reserves. Arizona and Utah have progressed to the two-chamber approval stage, just one step away from being approved into law.

According to ChainCatcher, as reported by Crypto Briefing, Arizona lawmakers have introduced a bill that allows public funds to be invested in Bitcoin and other digital assets. The state's Senate Finance Committee approved the bill on January 27 with a vote of 5 to 2.The proposed legislation, co-sponsored by Wendy Rogers and Jeff Weninger, is known as SB1025, or the "Arizona Strategic Bitcoin Reserve Act," which allows the state to invest up to 10% of public funds (including funds held by the state treasurer and retirement systems) in cryptocurrencies like Bitcoin. The bill also includes provisions for securely storing digital assets in potentially federal strategic Bitcoin reserves if the U.S. Treasury Secretary establishes a strategic Bitcoin reserve for government assets.

ChainCatcher news, a man impersonating an Uber driver in Scottsdale, Arizona, has been arrested for allegedly stealing a total of $300,000 in cryptocurrency from two passengers.According to the police, the man borrowed the passengers' phones while picking them up and used the phones to transfer funds and operate cold wallets, stealing crypto assets from multiple Coinbase accounts. In the case, the man also threatened one victim, telling them to "calm down, or bad things will happen."