Arizona Governor Katie Hobbs calls crypto an “untested investment” and vetoes a bill that would have allowed the state to invest in bitcoin using seized funds

coindesk.com/policy/2025/05/03/arizona-governor-calls-crypto-an-untested-investment-vetoes-bitcoin-reserve-bill

Arizona Governor Calls Crypto an ‘Untested Investment,’ Vetoes Bitcoin Reserve Bill
The bill, Senate Bill 1025, aimed to create a digital assets reserve managed by the state.
What to know:
- Arizona Governor Katie Hobbs vetoed a bill that would have allowed the state to invest in bitcoin…

This story appeared on coindesk.com, 2025-05-03 00:00:00.
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