Browsing: Bitcoin

In a recent development, the Arizona State Senate has turned its attention towards incorporating Bitcoin exchange-traded funds (ETFs) into two of the state’s retirement portfolios. This move comes as a part of a resolution that is currently under review, aiming to diversify investment options and potentially mitigate risks. The proposal, which passed the Senate’s Third Reading with a close 16–13 vote on Feb. 22, is now undergoing scrutiny in the House for the second time. If approved, it would urge the Arizona State Retirement System (ASRS) and the Public Safety Personnel Retirement System (PSPRS) to explore the inclusion of Bitcoin…

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