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SB 1373 - Establishes a Strategic Digital Assets (Crypto) Reserve - Arizona Key Vote

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Title: Establishes a Strategic Digital Assets (Crypto) Reserve

Vetoed by Governor Katie Hobbs


Full Bill Text
See How Your Politicians Voted

Title: Establishes a Strategic Digital Assets (Crypto) Reserve

Vote Smart's Synopsis:

Vote to pass a bill that establishes a strategic digital assets (crypto) reserve made up of digital assets seized through criminal proceedings to be managed by the state's treasurer in Arizona.

Highlights:

  • Establishes a strategic digital assets (crypto) reserve made up of digital assets seized through criminal proceedings to be managed by the state's treasurer in Arizona (Sec. )..

  • Defines “digital assets” as the following, including (Sec. 1):

    • Virtual currency;

    • Virtual coins;

    • Cryptocurrency or native on-chain assets, including any of the following:

      • Bitcoin;

      • Stablecoin;

      • A non-fungible token; or

      • Any other digital-only assets that confer economic proprietary or access rights or powers.

  • Specifies that the provisions of this bill shall take effect immediately upon passage and approval by the Governor (Sec. 1).

Full Bill Text

See How Your Politicians Voted

Title: Establishes a Strategic Digital Assets (Crypto) Reserve

Vote Smart's Synopsis:

Vote to pass a bill that establishes a strategic digital assets (crypto) reserve made up of digital assets seized through criminal proceedings to be managed by the state's treasurer in Arizona.

Highlights:

  • Establishes a strategic digital assets (crypto) reserve made up of digital assets seized through criminal proceedings to be managed by the state's treasurer in Arizona (Sec. )..

  • Defines “digital assets” as the following, including (Sec. 1):

    • Virtual currency;

    • Virtual coins;

    • Cryptocurrency or native on-chain assets, including any of the following:

      • Bitcoin;

      • Stablecoin;

      • A non-fungible token; or

      • Any other digital-only assets that confer economic proprietary or access rights or powers.

  • Specifies that the provisions of this bill shall take effect immediately upon passage and approval by the Governor (Sec. 1).

Full Bill Text

Title: Establishes a Strategic Digital Assets (Crypto) Reserve

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