<ul><li>Two bills, the Strategic Digital Assets Reserve Bill (SB 1373) and the Arizona Strategic Bitcoin Reserve Act (SB 1025), which aim to establish digital asset reserves in Arizona, have cleared the state's House Rules Committee and advanced to the House floor for a full vote.</li><li>SB 1373 seeks to create a reserve fund composed of digital assets seized during criminal investigations, while SB 1025 focuses specifically on Bitcoin and proposes that the Arizona Treasury and the state's retirement system be permitted to invest up to 10% of available funds into the cryptocurrency.</li><li>The bills require approval from Governor Katie Hobbs, a Democrat known for her frequent vetoes, raising uncertainty about whether they will garner her support.</li><li>In other crypto-related news, Kentucky Governor Andy Beshear has signed the "Bitcoin Rights" bill into law, providing legal protection for cryptocurrency users in the state.</li></ul>

Arizona’s Digital Asset Reserve Bills Move Forward, But Governor’s Veto Threat Looms

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