Arizona Governor Katie Hobbs calls crypto an "untested investment" and vetoes a bill that would have allowed the state to invest in bitcoin using seized funds (Francisco Rodrigues/CoinDesk)

Francisco Rodrigues / CoinDesk: Arizona Governor Katie Hobbs calls crypto an “untested investment” and vetoes a bill that would have allowed the state to invest in bitcoin using seized funds  —  The bill, Senate Bill 1025, aimed to create a digital assets reserve managed by the state.  —  What to know:

May 3, 2025 - 18:27
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Arizona Governor Katie Hobbs calls crypto an "untested investment" and vetoes a bill that would have allowed the state to invest in bitcoin using seized funds (Francisco Rodrigues/CoinDesk)

Francisco Rodrigues / CoinDesk:
Arizona Governor Katie Hobbs calls crypto an “untested investment” and vetoes a bill that would have allowed the state to invest in bitcoin using seized funds  —  The bill, Senate Bill 1025, aimed to create a digital assets reserve managed by the state.  —  What to know: