Arizona Governor Slams Bitcoin as ‘Untested Bet,’ Kills Crypto Reserve Proposal
Arizona’s governor just threw cold water on crypto’s institutional ambitions—vetoing a bill that would’ve let the state hold Bitcoin in its treasury. Another win for bureaucrats who think ‘volatility’ is a dirty word.
Meanwhile, Wall Street still can’t decide if Bitcoin is a hedge or a hazard—but hey, at least their fees are predictable.