By Emir Abyazov The US state of Arizona has moved closer to legalizing the accumulation of Bitcoin at the local government level. Still, this week, House lawmakers passed two bills that are in a position to help the state create a local crypto reserve. The initial impetus for initiatives to adopt digital assets in various […]
Tag: US
By Emir Abyazov Investment world giant BlackRock (NYSE:BLK) continues to aggressively buy up Bitcoin, pouring colossal sums into the cryptocurrency market. On April 28, the company purchased $970 million worth of Bitcoins through its iShares Bitcoin Trust (IBIT) exchange-traded fund. This is the second-largest purchase volume in the fund’s history; the record was set on […]
By Marco Piccolo The state of Arizona is preparing to make history, becoming the first U.S. state to legally invest public funds in Bitcoin. The bill—officially called the Arizona Strategic Bitcoin Reserve Act—passed through the state legislature on Monday and is now heading to Democratic Governor Katie Hobbs for final approval. If signed, the bill […]