Arizona Governor Katie Hobbs (Katie Hobbs) vetoed House Bill 2324 (HB 2324) on Tuesday. The bill aimed to create a state-level Crypto Assets reserve fund specifically to manage crypto assets seized through criminal forfeiture procedures.

Gate News bot message, according to Cointelegraph, the BTC reserve bill HB 2324 in Arizona has passed the House and is now being sent to Governor Hobbs.

Golden Finance reported that, according to Bitcoin News, after passing the HB 116 bill to mitigate Cryptocurrency taxation, Ohio State Representative Steve Demetriou stated that the next step would be to establish a state-level BTC reserve. A new bill, HB 18, will allow the state treasurer to invest up to 10% of specific public funds in 'high Market Cap' Cryptocurrency.

PANews June 21 news, according to Crypto Briefing, Texas Governor Greg Abbott has signed House Bill 4488 (HB 4488), which aims to protect certain state government funds, including any Bitcoin reserves created outside the state treasury, from being included in general revenue. The bill exempts the obligation for the reserve fund and other special funds to be automatically dissolved in 2025. Texas Governor Greg Abbott

1. White House: Trump will decide whether to take military action against Iran in two weeks; 2. Semler Scientific announces BTC accumulation plan: to hold at least 10,000 coins by the end of 2025 and reach 105,000 coins by 2027; 3. Insider: Revolut is actively exploring the issuance of its own stablecoin; 4. Aave DAO has repurchased more than 50,000 AAVE so far, with an average price of $199.74 and a floating profit of $3 million. 5. Jupiter DAO: Voting will be suspended until the end of 2025 to focus on products and communities; 6. LayerZero has launched a second public consultation on whether to turn on the "fee switch"; 7. Arizona Bitcoin Reserve Bill HB 2324 passed in the Senate; 8.

Golden Finance reports that Arizona's Bitcoin reserve bill HB 2324 was passed in the Senate with a vote of 16-14 after a motion for reconsideration, and it has now been submitted to the House of Representatives. The bill allows Arizona to utilize digital assets seized from criminal forfeiture to establish a digital asset reserve.

Odaily News According to Cointelegraph, the "Bitcoin Rights" bill HB 116 in Ohio has passed in the House with a vote of 68 to 26 and will next be submitted to the Senate for review.

Gate News bot message, according to a report by Cointelegraph, the Ohio House Technology and Innovation Committee passed the "Bitcoin Rights" bill, code-named HB 116, with a vote of 13 to 0. The bill clarifies three fundamental rights for citizens in the field of crypto assets: the right to self-custody digital assets, the freedom to operate nodes, and the freedom to participate in mining activities. Additionally, the bill establishes a $200 capital gains tax exemption for each crypto asset transaction.

According to Gate News bot, Decrypt reports that the Michigan legislature recently proposed four bills related to Crypto Assets. Among them, the HB 4510 bill allows public pensions to invest in Bitcoin through a Compliance ETF; the HB 4511 bill prohibits the state government from supporting or promoting CBDC. In addition, two supporting bills, HB 4512 and HB 4513, aim to support businesses in conducting Bitcoin mining activities using abandoned oil wells and provide tax reduction policies for related enterprises.

PANews May 22 news, according to Decrypt, the Michigan legislature proposed four bills related to Crypto Assets on May 22, including allowing public pensions to invest in Bitcoin through Compliance ETF (HB 4510), prohibiting state government support or promotion of CBDC (HB 4511), and encouraging businesses to conduct Bitcoin Mining at abandoned oil wells through two supporting bills (HB 4512, HB 4513) with tax incentives.

The Governor of Arizona vetoed two Crypto Assets bills (SB 1373 and SB 1024) but signed the Crypto Assets ATM regulatory bill (HB 2387). The new bill requires Crypto Assets ATM operators to display fraud warnings, set transaction limits, provide customer support, and comply with AML protocols.

The Governor of Arizona vetoed two Crypto Assets bills (SB 1373 and SB 1024), but signed the Crypto Assets ATM regulatory bill (HB 2387). The new bill requires Crypto Assets ATM operators to display fraud warnings, set transaction limits, provide customer support, and comply with AML protocols.

According to Gate.io News bot, Decrypt reported that Arizona Governor Katie Hobbs made decisions on three crypto asset-related bills. Hobbs vetoed SB 1373 digital asset strategic reserve fund bill and SB 1024 state government crypto asset payment bill. At the same time, Hobbs signed the HB 2387 bill. This bill establishes new regulatory requirements for Crypto Assets ATMs, including: operators must display multilingual fraud warnings, new users have a daily transaction limit of $2,000, existing users have a limit of $10,500, provide 24-hour customer service, and implement anti-money laundering protocols.

Arizona Governor Katie Hobbs vetoed two Crypto Assets bills while signing a bill regulating Crypto Assets ATMs. The two vetoed bills involved digital asset funds and government Crypto Assets payments. The new bill requires Crypto Assets ATMs to display multilingual warnings, set transaction limits, provide 24/7 customer service, and comply with AML protocols.

Arizona Governor Katie Hobbs vetoed two crypto-related bills, believing the crypto market is highly volatile and not suitable as a public fund allocation option. She also signed the strict regulation of crypto ATMs HB 2387 bill, which requires operators to provide multilingual fraud warnings, transaction hash receipts, and implement daily transaction limits. Nevertheless, she holds a cautiously open attitude towards crypto regulation, and the recently signed Bill 2749 allows the government to hold unclaimed digital assets.

Gate.io News bot message, New Hampshire has signed HB 302, setting a precedent for U.S. states in the reserve of digital assets. The bill allows the state treasury department to invest up to 5% of state funds in digital assets with a market capitalization of over $500 billion. Currently, only Bitcoin meets this investment criterion. According to the contents of the bill, these digital assets will be custodied through state-controlled multi-signature, qualified custodians, or exchange-traded products. The bill will come into effect 60 days after being signed. Source: Wu Shuo

According to Gate.io News bot, Cointelegraph reported that two cryptocurrency bills in Florida, HB 487 and SB 550, were "indefinitely postponed and withdrawn" on May 3. These bills were originally intended to authorize the state to allocate 10% of its funds for Bitcoin investment, but they did not pass by the end of the legislative session on May 2. Additionally, similar bills proposed in several other U.S. states, such as Wyoming and South Dakota, also failed to pass the legislative process.

The North Dakota Senate passed the HB 1447 bill regulating cryptocurrency ATMs by an overwhelming vote. The bill stipulates numerous regulatory requirements, including a daily withdrawal limit for users, operators needing to obtain a license, and the use of blockchain analysis tools to monitor suspicious activities. After the bill is reviewed and passed, it will be submitted for the governor's signature. This move is expected to curb fraud risks, encourage users to shift to compliance trading platforms, while potentially leading small operators to exit the market, promoting the industry towards compliance.