<ul data-eligibleForWebStory="false"><li>Arizona Governor Katie Hobbs has vetoed a bill that would have created a Bitcoin Reserve from seized digital assets.</li><li>The bill aimed to update forfeiture laws to include digital assets and establish a fund for managing cryptocurrencies obtained through criminal asset forfeiture.</li><li>Governor Hobbs vetoed this and two other pro-crypto bills, citing concerns about the volatility of crypto assets.</li><li>Connecticut has also banned the establishment of a Bitcoin Reserve with a recent bill signed into law by Governor Ned Lamont.</li></ul>

Arizona Governor Vetoes Revived Bitcoin Reserve Bill For Seized Assets

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