Arizona Becomes Second US State to Establish Bitcoin Reserve Fund Securing Unclaimed Digital Assets; Texas Awaits Governor’s Signature

Arizona has enacted a new law establishing a state-backed Bitcoin Reserve Fund, making it the second U.S. state after New Hampshire to pass such legislation. The law is designed to secure unclaimed digital assets and position Arizona as a leader in managing digital asset value. This development follows Texas passing a similar bill, pending the signature of Governor Greg Abbott, which would bring the total number of states with strategic Bitcoin reserve laws to three. The Arizona Governor officially signed the law, emphasizing the present importance of digital assets. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant