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Arizona prosecutors have filed charges against prediction market operator Kalshi, alleging the company ran an unlicensed gambling operation and accepted illegal election wagers within the state. Prediction Market Kalshi Charged in Arizona for Sports and Election Betting Arizona Attorney General Kris Mayes on March 17 filed a 20-count criminal information in Maricopa County Superior Court … Read more
The Arizona State Legislature has advanced a bill to create a digital assets strategic reserve fund, which would hold seized or surrendered cryptocurrencies such as bitcoin and XRP. Management and Investment Oversight The Arizona State Legislature recently advanced a bill to establish a Digital Assets Strategic Reserve (DASR) fund, notably naming XRP and BTC among … Read more
Two teenagers were arrested after a violent home invasion in Scottsdale, Arizona, targeting $66 million in cryptocurrency. The Breach and Assault Two California teenagers are in custody following a violent home invasion targeting a massive cryptocurrency fortune, an incident police say was orchestrated by anonymous handlers via the encrypted messaging app Signal. Jackson Sullivan, 17, … Read more
State Governor Katie Hobbs had previously vetoed a slightly different bill that would have allowed state entities to invest up to 10% of their funds in crypto. Arizona Joins New Hampshire with State Bitcoin Reserve Initiative Just a day after New Hampshire passed a law allowing the state to purchase bitcoin ( BTC) or any … Read more
Bitcoin surges into state-level finance as two U.S. states legalize strategic bitcoin reserves within 48 hours, signaling unstoppable bipartisan momentum and a new financial era. Bitcoin Breaks Through Politics: Two States Flip in 48 Hours With Explosive Moves Momentum behind strategic bitcoin reserves surged this week as two U.S. states enacted legislation within 48 hours … Read more
Arizona’s chance to pioneer crypto-driven public finance was abruptly halted as the governor axed a game-changing bill that would’ve let state retirement funds buy bitcoin. Arizona Governor Kills Bitcoin Bill for Public Crypto Investment Arizona Governor Katie Hobbs vetoed Senate Bill 1025 on May 2, blocking a legislative proposal that would have allowed public funds—including … Read more