<ul data-eligibleForWebStory="false"><li>Arizona Governor Katie Hobbs vetoes House Bill 2324 that aimed to create a "Bitcoin and Digital Assets Reserve Fund" from seized assets, citing it would disincentivize local enforcement from participating in digital asset forfeiture.</li><li>Governor Hobbs has previously blocked other crypto-related legislation in Arizona, expressing caution towards investing public funds in Bitcoin.</li><li>Arizona's stance contrasts with pro-crypto states like Texas and New Hampshire, as they have passed bills to create their Bitcoin reserves and invest in crypto.</li><li>The veto has sparked mixed reactions within the crypto community, with some supporting the decision while others see it as a missed opportunity for Arizona.</li></ul>

Arizona Won’t Build Bitcoin Fund with Seized Assets, Says Governor Katie Hobbs

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