U.S. State-Level Crypto Investment on the Agenda: Arizona House Rules Committee Passes Two Crypto Bills

Odaily News The Arizona House Rules Committee in the United States has passed two cryptocurrency-related bills, which are set to move swiftly to a full House vote. Among them, the SB1042 bill allows the state government to invest up to 10% of its funds in crypto assets; the SB1649 bill aims to establish a state-level digital asset reserve fund, providing institutionalized support for crypto investment and management. (Cointelegraph)