Arizona considers a groundbreaking move: holding digital assets in state reserves! Could your treasury soon own crypto?

A key hearing for Senate Bill 1649, the 'digital assets strategic reserve fund,' is set for Feb 23, 8:45 AM MST.

The bill would amend state statutes, tasking the State Treasurer with overseeing, custody, & managing these new digital assets.

If SB 1649 passes, Arizona could institutionalize digital assets at the state treasury level. Will other states follow?