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Arizona Lawmakers Approve Complementary Bitcoin, Crypto Bills – Decrypt

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Arizona Lawmakers Approve Complementary Bitcoin, Crypto Bills – Decrypt


Arizona lawmakers have passed two related bills that could make the state a leader in state-level government cryptocurrency investing, provided they are signed into law by Governor Katie Hobbs.

The Arizona House passed Senate Bill 1025 on its third reading. Formally known as the “Arizona Strategic Bitcoin Reserve Act,” the House approved it 31-25-4 on Monday.

S.B. 1373, a companion bill establishing a “Digital Assets Strategic Reserve Fund,” passed with a 37-19-4 vote in the House on the same day.

The Arizona Senate passed both bills earlier on February 27. After passing both chambers without amendments, the bills await formal transmittal to Governor Hobbs’ desk.

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Both bills establish Arizona’s approaches to its proposed state crypto holdings. SB1025 focuses exclusively on Bitcoin as an investment asset, while SB1373 creates infrastructure for managing various digital assets.

A separate proposal to include Bitcoin ETFs in the state’s retirement plan portfolio for government workers was introduced in March. Arizona also advanced a bill earlier this month to protect Bitcoin miners and blockchain node operators.

SB1025: Arizona Strategic Bitcoin Reserve Act

SB1025 defines how the state manages its public monies, from sources such as the state treasury and pensions.

The bill also mandates that if the U.S. Secretary of the Treasury establishes a Strategic Bitcoin Reserve to store the government’s Bitcoin, the state of Arizona “may store” its public fund’s virtual currency holdings in a “secure, segregated account within the Strategic Bitcoin Reserve.”

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SB1025 would amend Arizona law to let the state treasurer and retirement systems invest up to 10% of public funds in virtual currencies, specifically Bitcoin.

SB1373: Digital Assets Strategic Reserve Fund

SB1373, meanwhile, establishes a fund to hold “monies appropriated by the legislature and digital assets that are seized by this state,” including those obtained through criminal proceedings.

For SB 1373, funds allocated from a legislative appropriation do not automatically expire or “lapse” at the end of the fiscal year, as Arizona law typically requires.

The fund may hold digital assets, such as Bitcoin, stablecoins, and NFTs, which the State Treasurer would manage through approved custody solutions.

Funding priorities

If the two bills are approved, Arizona could be the first state to fully integrate crypto into its finances, following similar proposals from other states.

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The bills still need the governor’s approval, which has been at risk because of previous budget negotiations and partisan tensions.

“Any bill not already on my desk will be vetoed,” Governor Hobbs warned on X earlier this month, citing how “extreme Republican legislators” are holding funding for constituents with disabilities “hostage to their political theater.”

While a budget dispute appeared to have been resolved last Friday, Hobbs has not made any official statement concerning SB1025 and SB1373.

Arizona’s press office did not immediately return Decrypt’s request for comments.

Edited by Sebastian Sinclair

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Six Arizona Lottery winners hit big over the holidays

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Six Arizona Lottery winners hit big over the holidays


PHOENIX (AZFamily) — Over the holidays, six lucky Arizona Lottery players hit big across the state. Here’s where and when the winning tickets were sold.

Tuesday, December 23, 2025

  • Two $20,000 Mega Millions winners were sold at:
    • Fry’s Food Store: 39508 N Daisy Mountain Drive in Anthem
    • Circle K: 1542 E Highway 70 in Safford
  • One $205,000 Fantasy 5 jackpot winner was sold at:
    • Bashas’: 10325 E Riggs Road in Sun Lakes

Christmas Eve: Wednesday, December 24, 2025

  • Three $50,000 Powerball winners were sold at:
    • Fry’s Food Store: 15950 S Rancho Sahuarita Blvd in Sahuarita
    • Circle K: 2816 E University Drive in Mesa
    • Walmart: 1606 S Signal Butte Road in Mesa (Power Play doubled the prize to $100,000)

If you think you have one of these winning tickets, sign the back, keep it in a safe place and contact the Arizona Lottery for claim instructions.

More information on games and prizes can be found on the Arizona Lottery website.

See a spelling or grammatical error in our story? Please click here to report it.

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Fresno State vs. Miami (OH) Arizona Bowl picks, odds

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Fresno State vs. Miami (OH) Arizona Bowl picks, odds


The Fresno State Bulldogs (8-4) and the Miami (OH) RedHawks (7-6) are set to face off in the Arizona Bowl on Saturday, Dec. 27 in Tucson, Arizona and USA TODAY’s panel of college football experts have locked in their picks and predictions for the action. Here’s everything you need to know before kickoff, including live updated odds and how to watch.

Miami (OH) vs. Fresno State live odds, moneyline, over/under

Opening Lines

  • Spread: Fresno State (-3.5)
  • Moneyline: Fresno State (-166), Miami (+140)
  • Over/Under: 46.5

Miami (OH) vs. Fresno State picks against the spread

Austin Curtright: Fresno State (-4.5)

Fresno State’s defense has been better than its offense this season, which is a bit unusual for the West Coast program. The Bulldogs get it done, though, taking down Miami (Ohio) by a touchdown.

John Leuzzi: Fresno State (-4.5)

Fresno State’s defense carries the Bulldogs to a win in the Arizona Bowl. The Bulldogs led the Mountain West with 19 interceptions (two Pick-6’s) on defense. Linebacker Jaden Pearson, who heads into the game with 98 total tackles on the year, will have to step up again.

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Ehsan Kassim: Miami (-4.5)

With Miami (OH) going to its backup QB, the Fresno State defense will feast and make life difficult for Henry Hesson.

Bowl game picks, predictions and odds

How to watch the 2025 Arizona Bowl

  • Matchup: Fresno State Bulldogs (8-4) vs. Miami (OH) RedHawks (7-6)
  • Date: Saturday, Dec. 27 at 4:30 p.m.
  • Venue: Casino Del Sol Stadium
  • Location: Tucson, Arizona
  • TV Station: The CW Network

College Football Playoff updated odds



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2025 Arizona Diamondbacks Reviews #15 Jalen Beeks

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2025 Arizona Diamondbacks Reviews #15 Jalen Beeks


Mike Hazen has developed himself a reputation for making his impact moves at some rather unexpected moments. Jalen Beeks is no exception. Despite having solid results for four of the previous five seasons, Beeks looked first to the Houston Astros on a minor league deal for the 2025 season. Less than two weeks later, he was released. Then, the day before Arizona took the field for their first game of the season, Hazen took a chance on the veteran left-hander.

Beeks has spent the majority of his career flying under the radar. Such tends to be the fate of many of the relievers that Tamp Bay cuts loose, as they did with Beeks in 2023. Beeks is of unassuming size by baseball standards. He doesn’t throw particularly hard, though he has respectable speed in the low-to-mid 90s. Beeks arrived on Arizona’s roster with a history of below average strikeout rates and above average walk rates. Take all together, there were plenty of reasons for the Arizona fandom to view the Beeks signing with a heavy dose of skepticism. As it turned out, Beeks was arguably the most reliable relief arm for the 2025 season. Unlike some of his peers, he did not miss time to injury or suspension. He dropped right into the 26-man roster, put his head down, and got to work.

Used mostly in middle relief situations, Beeks did not accrue many holds or saves. In fact, he only had one save all season long, despite the numerous bullpen arm injuries. That save came on 4 May, in extra innings against Philadelphia.

Beeks was solidly reliable all season long. He did not go through the wild ups and downs commonly associated with relief pitching. His performances, most of them being one-inning affairs, were eerily consistent. Only once all season did he hit something of a hurdle. This came at the end of June. It was then, on back-to-back nights, that Beeks had his “meltdown period”. Over the course of two games against the Miami Marlins, Beeks managed only one total inning of work, while allowing eight runs on five hits and four walks. In the first outing, he had his bacon saved by Ryan Thompson, before Shelby Miller ended up blowing the save in one of Arizona’s many bullpen meltdowns. The next night, Beeks took the blown save and the loss.

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Come September, when Arizona was charging hard for a playoff berth, Beeks showed up when called upon. He only allowed 2 runs to score in the month, spread out over nine appearances. In those, he only allowed three hits and he didn’t walk anyone. For a low-to-medium leverage reliever eclipsing 60 appearances on the season, that is the sort of performance to take to the bank.

Beeks was granted free agency when the 2025 season concluded. He remains unsigned as of this writing, despite the flurry of relievers being signed by clubs across the league. At age 32, with yet another solid season under his belt, Beeks will almost certainly find another MLB contract before spring rolls around. His age and his peripheral numbers may continue to limit him to one year deals, but there are plenty of scenarios that could see Beeks landing a two-year deal as well. Arizona still has work to do on its bullpen. Beeks is nothing special, but he is competent. This raises the possibility of Mike Hazen establishing a reunion with the veteran left-hander. But, such a move will depend on cost and also on what other moves Hazen has up his sleeve for this winter. Beeks will almost certainly be toeing the mound for a Major League team in 2026. It just remains to be seen which one.



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