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Forums › IDOs, Launchpads & Early-Stage Investing › Arizona adopts the bill to establish a bitcoin reserve after having vetoed separate cryptographic legislation
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Arizona Chamber Bill 2749 establishes a reserve fund for Bitcoin and digital assets, with rewards for staking. Gov. Katie Hobbs signed it, making Arizona the second state with such provisions. The bill aims to oversee a fund comprising assets acquired via Airdrops and interest. Assets not claimed for three years will fund the reserve. Digital assets left inactive for three years are presumed abandoned. Arizona’s approach is less active than New Hampshire’s recent Bitcoin legislation. Source: Dennis Porter.
https://altcoin.observer/arizona-adopts-the-bill-to-establish-a-bitcoin-reserve-after-having-vetoed-separate-cryptographic-legislation/
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