Arizona’s legislature has advanced two significant crypto bills from the House Rules Committee to a full House vote. SB1042 would allow the state to invest up to 10% of certain public funds in cryptocurrencies like Bitcoin, while SB1649 proposes creating a Digital Assets Reserve Fund to manage digital assets under state oversight. Meanwhile, the New Hampshire Business Finance Authority plans about $100M in Bitcoin-backed municipal bonds, receiving a provisional Ba2 rating from Moody’s with no taxpayer risk, as repayment relies entirely on Bitcoin collateral.
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