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BREAKING: Arizona Advances Two Crypto Bills: Full House Vote Up Next
SB1042 & SB1649 cleared the House Rules Committee.
→ SB1042: Up to 10% of state funds into crypto
→ SB1649: Digital Assets Reserve Fund for seized BTC, XRP & more
If passed, Arizona becomes the first US state to invest public money into crypto.
⚠️Veto Risk Remains: Governor Hobbs blocked a similar bill in 2025.
Meanwhile, New Hampshire is issuing ~$100M in Bitcoin-backed municipal bonds, First ever in US history.
→ Moody's Ba2 rating
→ $BTC collateral held by BitGo in cold storage
→ Zero taxpayer risk
→ Bondholders get BTC upside exposure at maturity