Arizona News

It comes on the same day Oklahoma’s Strategic Bitcoin Reserve Act passed the State House of Representatives, bringing a reserve one step closer to potential enactment.

Arizona will soon vote on two proposed bills to establish digital asset reserves seized through criminal proceedings and a specific Bitcoin reserve based on public funds from the state’s treasury and retirement system.

Two crypto reserve bills have passed their third reading in Arizona’s Senate and will head to the state’s House of Representatives.

Utah’s Bitcoin reserve bill could be the first of its kind to pass at the state level in the US because of its shorter legislative window to decide on bills, says a Bitcoin advocate.

Arizona’s Bitcoin reserve bill aims to enable public funds and pensions to invest in Bitcoin, marking a significant shift in cryptocurrency adoption and financial strategy.

As part of its coverage of the 2024 US Elections, Cointelegraph asked several congressional candidates for their positions on cryptocurrency and blockchain.

Crypto interest groups could determine whether Democrats or Republicans have a majority in the US Senate in 2025 by backing candidates in crucial November races.

Democratic candidate Yassamin Ansari, supported by more than $1 million in crypto super PAC funds, claimed victory in an Arizona congressional primary.

The primary between two Democrats in Arizona’s 3rd Congressional District will likely go to a recount, with money from crypto interests involved in the race.

Defend American Jobs used roughly $600,000 in a media buy for Republican Blake Masters, just one of three Arizona candidates crypto PACs supported in 2024.

Protect Progress used roughly $415,000 to fund a media buy for former Aspiration CEO Andrei Cherny, a Democrat running for Congress in Arizona’s 1st District.

The Protect Progress political action committee has been behind media buys for candidates in many congressional races across the United States.

Satoshi Action Fund CEO Dennis Porter said even adding a small amount of Bitcoin ETF exposure could “DRAMATICALLY” de-risk an asset portfolio.

In a first for higher education, a partnership between OpenAI and Arizona State University will integrate ChatGPT Enterprise for faculty and staff to explore innovative AI applications for student success and research.

The bill aimed to have only state authorities impose regulations and taxes on individuals and businesses running blockchain nodes, as opposed to those at the city and county level.