Tag: hobbs

Hobbs' Bitcoin Gamble Is Arizona Ready for the Crypto Rollercoaster?

Hobbs' Bitcoin Gamble Is Arizona Ready for the Crypto Rollercoaster?

Arizona’s Governor Katie Hobbs recently signed House Bill 2749, establishing a state-run Bitcoin and Digital Assets Reserve Fund. On the face of it, that seems pretty both creative and cutting-edge. Is it really a move toward positive financial innovation, or a foolhardy risk taken with taxpayer dollars? Perhaps most crucially,...