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Arizona governor vetoes digital asset strategic reserve bill, calling cryptocurrency an 'unverified investment'

律动BlockBeats|5月 03, 2025 08:38

BlockBeats News: On May 3rd, Arizona Governor Katie Hobbs vetoed the "Digital Asset Strategic Reserve" bill passed by the state's House and Senate, calling cryptocurrency an "unverified investment". The bill SB 1025 allows state finances and pension systems to invest up to 10% of available funds in virtual currencies, with a focus on Bitcoin.

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