state_legiscan_drain · AZ
Public monies; investment; virtual currency
December 19, 2025
Summary
If enacted, this bill would authorize the State Treasurer and other state entities to invest up to 10% of specified public monies in virtual currency, including cryptocurrency. The bill requires that investments be made through regulated entities such as exchanges or custodians and sets criteria for liquidity and risk management. It would primarily affect state investment practices and has no direct impact on mortgage lending, servicing, or consumer financial transactions.
AI-generated summary · Jun 14, 2026. Verify with your compliance counsel before acting.
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Source: https://apps.azleg.gov/BillStatus/BillOverview/83664
Common questions
- What does "Public monies; investment; virtual currency" cover?
- If enacted, this bill would authorize the State Treasurer and other state entities to invest up to 10% of specified public monies in virtual currency,…
- When was it published?
- It was published on December 19, 2025.
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