(Advertisement)

top ad mobile advertisement
LATEST31d ago

Arizona Officially Names Internet Computer In State Digital Asset Reserve Bill

Arizona Officially Names Internet Computer In State Digital Asset Reserve Bill

Arizona has introduced Senate Bill 1649, establishing a formal "digital assets strategic reserve fund" managed by the State Treasurer.

The Internet Computer Protocol (ICP) (@dfinity) is explicitly named on the approved asset roster. The fund will hold digital assets confiscated, surrendered, or otherwise held by the state.

Crucially, the bill also outlines a framework allowing the state to generate yield on blockchain assets.

native ad1 mobile advertisement

(Advertisement)

Author

BSCN profile photoBSCN

BSCN's dedicated writing team brings over 41 years of combined experience in cryptocurrency research and analysis. Our writers hold diverse academic qualifications spanning Physics, Mathematics, and Philosophy from leading institutions including Oxford and Cambridge. While united by their passion for cryptocurrency and blockchain technology, the team's professional backgrounds are equally diverse, including former venture capital investors, startup founders, and active traders.

Join our newsletter

Sign up for the very best tutorials and the latest Web3 news.

Subscribe Here!
BSCN

BSCN

BSCN RSS Feed

BSCN is your go-to destination for all things crypto and blockchain. Discover the latest cryptocurrency news, market analysis and research, covering Bitcoin, Ethereum, altcoins, memecoins, and everything in between.