TLDR Crypto · MARKETS & BUSINESS

BITCOINERS BLAST ARIZONA GOVERNOR'S ‘IGNORANCE' AFTER BITCOIN BILL VETO

cointelegraph.com2 min read

Summary from the TLDR Crypto newsletter

Arizona Governor Katie Hobbs has vetoed the Strategic Bitcoin Reserve Act (SB 1025), rejecting a proposal to invest seized state funds in Bitcoin, citing concerns over "untested" assets. The move sparked backlash from Bitcoin advocates, including Senator Wendy Rogers and Anthony Pompliano, while crypto critic Peter Schiff expressed support.