Crypto
Arizona bill advances to stockpile seized XRP instead of auctioning crypto
A bill in the U.S. state of Arizona that would allow the state government to stockpile cryptocurrencies obtained through seizures or voluntary surrender, rather than selling them, has advanced to a full House vote. Senate Bill 1649 cleared the House Rules Committee with unanimous support. It would create a Digital Assets Strategic Reserve Fund managed by the state treasurer and include XRP, bitcoin and several other tokens. The bill would then go to the governor.