Arizona governor vetoes two crypto bills, signs one targeting ATM fraud

Governor Hobbs vetoed SB 1024, SB 1025, and SB 1373 due to concerns about market volatility impacting state fund management. SB 1025 aimed to allow investment of up to 10% of state treasury in Bitcoin.

In contrast, she signed HB 2387, implementing stringent rules for crypto ATMs, requiring compliance with fraud prevention measures and limiting transaction amounts.

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