Wu learned that the Arizona House of Representatives has passed two Bitcoin Reserve bills, SB 1025 and SB 1373, which have now been submitted to Governor Katie Hobbs for signature. SB 1373 establishes a digital asset strategic reserve fund managed by state treasuriers, with funding sources including seized assets and legislative appropriations. A maximum of 10% can be invested in digital assets such as Bitcoin each fiscal year, and borrowing can be made without increasing risk. SB 1025 allows state finance and retirement systems to invest up to 10% of available funds in virtual currencies, with a focus on Bitcoin. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=41636