The US state of Arizona has signed a historic Bitcoin decision. The crypto reserve law has been passed in the state of Arizona.
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Introduction
News continues to come about the acceptance of Bitcoin and cryptocurrencies by states and provinces around the world. US Arizona Governor Katie Hobbs signed House Bill 2749, which allows cryptocurrencies to be integrated into the state's unclaimed assets system.
States Bitcoin Accumulation Continues to Increase
The person who introduced the bill is "Representative Jeff Weninger". With the law, the establishment of a "Crypto Reserve Fund" in the state of Arizona will now be allowed and crypto assets can be stored as a value. With this fund, cryptocurrencies are added to a measure of value and approved for use in the future. In addition, cryptocurrencies are allowed to be staked and earn rewards or airdrops. Arizona became the second US state in the United States to pass a crypto reserve law after New Hampshire.
Conclusion
It is thought that the use of cryptocurrencies with institutional investors, States and Provinces around the world will continue to increase. This and similar news continue to increase. Appropriate legal regulations are made for Bitcoin and Crypto assets and they are easily offered for use within a state or province. Thus, the people living in that state or state district can receive the real market value of their assets.
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