Arizona Senate Rules Committee passes Digital Asset Reserve Fund bill, to be submitted for full Senate vote
ChainCatcher News, according to market sources, the Arizona Senate has advanced Bill SB 1649, which proposes the establishment of a "Digital Asset Strategic Reserve Fund" managed by the state treasury. The bill authorizes the state treasurer to hold, invest, and lend digital assets that have been seized, confiscated, or surrendered to the state through qualified custodians or regulated exchange-traded products.
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