The Arizona Crypto Reserve Act has been passed by a House committee and will enter its third reading phase

Foresight News reported that according to Cointelegraph, the Arizona State Crypto Reserve Act has been passed in the House of Representatives and is only one successful vote away from being submitted to the governor's desk for formal approval. Previously, Arizona's Strategic Digital Asset Reserve Act (SB 1373) was approved by the House Committee of the Whole. Before the third and final reading and full vote, the bill needs to be reviewed by 60 members of the House of Representatives.