You Won’t Believe Why Arizona’s Governor Gave Crypto the Cold Shoulder! 😲💸

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Senate Bill 1373, now lying in the legislative equivalent of a shallow grave beside other vetoed ambitions, fantasised about a glittering strategic reserve stuffed with digital loot confiscated from the less discreet and the more adventurous.

Governor Hobbs, in what one assumes was a moment of exquisite tedium, dashed off a veto letter assuring the masses she has already signed off on crypto usage, just not in a way that might send the state’s finances gambling at the technological roulette wheel. Apparently, she feels the current crypto market is such a rollercoaster of instability, even seasoned accountants clutch their pearls in terror. 🎢🤑

Senate Bill 1024, not to be outdone in rejection, met its fate with the same indifferent flourish. This one would have let state agencies collect fines and civil penalties in crypto, presumably so your parking ticket could haunt you in Bitcoin at 3am.

Yet, do not accuse Hobbs of lacking nuance. She coyly signed House Bill 2749, permitting a reserve for unclaimed crypto—think lost treasures waiting to be found, or at least audited—with the lawmakers’ blessing.

In sum, Hobbs signals a willingness to flirt with crypto, provided it’s in small doses and accompanied by chaperones wielding compliance forms. Broad integration, on the other hand, can take its chances elsewhere. 😏

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2025-05-13 14:12