Arizona crypto reserve bill passes House committee, heads to third reading

One of Arizona’s crypto reserve bills has been passed by the House and is now one successful vote away from heading to the governor’s desk for official approval. Arizona's Strategic Digital Assets Reserve Bill (SB 1373) was approved on April 17 by the House Committee of the Whole, which involves 60 House members weighing in on the bill before a third and final reading and a full floor vote.  Arizona’s treasurer would be permitted to invest up to 10% of the fund’s total monies in any fiscal year in digital assets source: https://cointelegraph.com/news/arizona-bitcoin-reserve-bill-passed-by-house-and-heads-to-third-reading?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound