Legislators in the House of Representatives in Arizona voted in favor of adopting two bills that could allow you to accept the reserve using Bitcoin (BTC) or other cryptocurrencies.

In the third reading of the Senate Act 1025 (SB1025), a proposal to change laws in Arizona to enable the BTC strategic reserve, 31 members of the Arizona Chamber he voted In favor of the Act, with 25 opposite. A similar bill, SB1373, in order to establish a digital asset reserve at the state level, adopted with 37 legislators in favor and 19 votes on.

“This act basically accepts an approach, which probably 15 other states are considering the same provisions throughout the country, which allows the treasurer to invest up to 10%, probably mainly Bitcoins, but also other things,” said a representative of the state of Jeff Weninger on SB1025. “I think that it would probably start as” maybe “in the foreseeable future, but when things still rotate in relation to Bitcoin and these things, it would already have in the future.”

Approval approaches bills than any other initiative at the state level in the USA to obtain a provision in the scope of cryptocurrency or Bitcoin strategic reserve. Similar legislation proposed in Recent Hampshire adopted the State Chamber in April and it is expected that they will soon go to the Senate in search of a full vote.

This is a developing story, and further information will be added as far as possible.