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Hi John,
In among the storm of vetos of border and election integrity bills, I have a big success to report.
My Bitcoin Reserve Bill has passed the legislature and is on its way to the Governor's desk! ([link removed])
The Block reports:
Lawmakers in Arizona have passed a bill allowing the state treasurer and retirement system to invest up to 10% of available funds in digital assets, specifically bitcoin, sending it to the governor’s desk for approval, according to Bloomberg Government.
The bill, called the Arizona Strategic Bitcoin Reserve Act, passed Monday in the state legislature, Bloomberg Government reported.
"This bill represents an emerging approach by a state government to integrate cryptocurrency into public financial management, reflecting the growing mainstream acceptance of digital assets," according to the bill text's summary.
The bill's cosponsors are both Republicans: Sen. Wendy Rogers and Rep. Jeff Weninger. If signed by Democratic Governor Katie Hobbs, the state would be the first to require public funds to invest in Bitcoin.
Several states, including Iowa, Missouri, and Texas, are weighing whether to establish a strategic bitcoin reserve. At the federal level, President Donald Trump signed an executive order in March establishing a strategic bitcoin reserve and digital asset stockpile.
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This IS a game-changing bill. President Trump established this at a Federal level, because it brings good returns.
I am excited about the potential for this in AZ!
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This bill is a GOOD DEAL for Arizonans. It means our pension program will have solid, productive investments for years to come!
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It's time to make Arizona a forward-looking state that is a leader into the future!
In among all our issues, this is an easy layup win. It's nonpartisan, it helps everyone, and it positions Arizona perfectly.
Help me get this signed- it should be a win for everyone, but in politics strange things happen. Help me make Arizona the Bitcoin capital! ([link removed])
God bless Arizona, and God bless America!
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Wendy Rogers, Lt Col USAF (ret)
Arizona Senator LD7
PS: I am proud of the legislation I've passed. I want Arizona to move forward with a positive future. Help me get this done! ([link removed])
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