{"id":3145,"date":"2025-04-30T15:16:08","date_gmt":"2025-04-30T15:16:08","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/04\/30\/arizona-house-passes-bitcoin-reserve-bill-now-goes-to-governors-desk-for-final-signature\/"},"modified":"2025-04-30T15:16:08","modified_gmt":"2025-04-30T15:16:08","slug":"arizona-house-passes-bitcoin-reserve-bill-now-goes-to-governors-desk-for-final-signature","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/04\/30\/arizona-house-passes-bitcoin-reserve-bill-now-goes-to-governors-desk-for-final-signature\/","title":{"rendered":"Arizona House Passes Bitcoin Reserve Bill, Now Goes To Governor\u2019s Desk For Final Signature"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Arizona House Passes Bitcoin Reserve Bill, Now Goes To Governor\u2019s Desk For Final Signature<\/a><\/p>\n

<\/div>\n

Arizona has taken yet another huge step toward potentially adopting Bitcoin<\/a>. The state legislature has officially passed two bills that would see Arizona hold Bitcoin as part of its treasury reserves. <\/p>\n

In a vote of 31-25, Senate Bill (SB) 1025<\/a>, sponsored by Senator Wendy Rodgers, passed alongside<\/a> SB 1373<\/a>, sponsored by Senator Mark Finchem, in a vote of 37-19. Both bills seek to create a strategic reserve of Bitcoin for the state of Arizona.<\/p>\n

\n

JUST IN: Arizona House PASSES #Bitcoin<\/a> Reserve Bill SB 1025. pic.twitter.com\/Oy4epuUFch<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) April 28, 2025<\/a>\n<\/p><\/div>\n

The resolution directs the state to study the potential impacts and logistics of adding BTC to its financial holdings, which would make Arizona the first state to officially add Bitcoin as a treasury asset.\u00a0<\/p>\n

Helping lead the idea is Republican State Senator Wendy Rogers, who has been a consistent voice for Bitcoin adoption at the state level. According<\/a> to CNBC, Rogers dismissed concerns about instability and expressed her belief in Bitcoin\u2019s long term value stating, \u201cI do not have any concerns about the volatility of bitcoin simply because if you zoom out on all of the charts, it always increases in value.\u201d\u00a0<\/p>\n

She stated further, calling Bitcoin a \u201chedge against inflation<\/a>,\u201d reflecting the growing popularity among politicians about Bitcoin\u2019s important role in today\u2019s challenging economic environment, and a statement backed by other Republicans such as Donald Trump Jr.\u00a0<\/p>\n

\n

NEW: Donald Trump Jr. says #Bitcoin<\/a> is a hedge against inflation and tyrannical governments. pic.twitter.com\/2vf6j1h0Mx<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) July 28, 2024<\/a>\n<\/p><\/div>\n

This isn\u2019t the first time Rogers has proposed Bitcoin friendly legislation. In 2022, she introduced SB 1341<\/a>, which would have allowed Bitcoin to be used as legal tender in Arizona. Unfortunately, this was never brought to vote. In 2023, she introduced SB 1239<\/a>, which would have allowed Arizona\u2019s government to accept Bitcoin as payment for municipal payments from citizens. This bill passed the senate with a 16-13 vote, but failed in the House Ways and Means Committee with a 4\u20135 vote, stopping its progress. Her legislative history<\/a> shows a consistent effort to make Arizona a pro crypto state. With inflation still a major concern, her latest effort may be landing at just the right moment.\u00a0 <\/p>\n

While the result of this does not yet authorize the purchase of Bitcoin, it lays the foundation for it happening in the near future. If signed into law by the Governor, Arizona would become the first U.S. state to formally put Bitcoin into its treasury, and potentially set off a wave of similar moves across the country.\u00a0<\/p>\n\n

This post Arizona House Passes Bitcoin Reserve Bill, Now Goes To Governor\u2019s Desk For Final Signature<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Jenna Montgomery<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Arizona House Passes Bitcoin Reserve Bill, Now Goes To Governor\u2019s Desk For Final Signature Arizona has taken yet another huge step toward potentially adopting Bitcoin. The state legislature has officially passed two bills that would see Arizona hold Bitcoin as part of its treasury reserves. In a vote of 31-25, Senate Bill (SB) […]<\/p>\n","protected":false},"author":0,"featured_media":3146,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-3145","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=3145"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3145\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/3146"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=3145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=3145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=3145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}