Arizona Senator Doubles Down on Bitcoin Reserve Bill—Veto Be Damned

Defying the governor’s veto, an Arizona senator is charging ahead with plans to reintroduce legislation that would add Bitcoin to the state’s reserves. Because nothing says ’fiscal responsibility’ like betting taxpayer money on crypto volatility.

The move signals growing political momentum for Bitcoin adoption—even as traditional finance scoffs at the idea of state-backed digital asset experiments. Will Arizona become the next crypto battleground? Watch this space.

What’s next for Arizona?

Although SB1025 is off the table for now, Arizona’s involvement in crypto legislation is far from over.

Another crypto-related proposal, Senate Bill 1373, is still under consideration.

Unlike SB1025, this bill doesn’t involve retirement savings. Instead, it seeks to allow the state to retain and manage cryptocurrencies obtained through seizures or appropriated assets.

However, it is unclear if the governor would accede to this bill, considering her opposition to SB1025.

Meanwhile, market observers have suggested that SB1373, due to its administrative nature, might have a better chance of securing Governor Hobbs’ approval.