The Breakdown Podcast: Arizona Governor Rejects Bitcoin Legislation – Blockworks
In today’s episode of The Breakdown, NLW analyzes the recent veto by Arizona Governor Katie Hobbs regarding a bill that would have permitted state investments in Bitcoin. He notes the state’s current exposure to cryptocurrency through Strategy (formerly MicroStrategy). Additionally, he discusses the opposition from Senate Democrats, spearheaded by Elizabeth Warren, against stablecoin legislation, which poses a risk to bipartisan crypto regulations. On a brighter note, Apple has started permitting cryptocurrency for in-app purchases, which is set to significantly enhance mobile crypto adoption.
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