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Arizona Attorney General Kris Mayes’ case against prediction market Kalshi appears to have hit a snag. The Commodity Futures Trading Commission announced Friday that it has won a temporary restraining order preventing the state from pursuing its criminal case against Kalshi (whose CEO Tarek Mansour is pictured above). “Arizona’s decision to weaponize state criminal law…
Arizona attorney general Kris Mayes has filed criminal charges against prediction market platform Kalshi for allegedly operating an illegal gambling business in the state without a license and for election wagering. The 20-count complaint, filed in Maricopa County court on Tuesday, accuses the company of engaging in unlicensed gambling activities, claiming that the site “accepted…
Tesla has applied to test and operate autonomous vehicles in Arizona in a bid to bring its fledgling robotaxi service to the Metro Phoenix area, the state’s Department of Transportation confirmed to TechCrunch. Tesla contacted the Motor Vehicle Division (MVD) under the Arizona Department of Transportation on June 26 to begin the certification process, a…
The Arizona Senate has voted to revive House Bill 2324, a Bitcoin reserve bill that initially failed in the House. One of Arizona’s Bitcoin reserve bills has been revived after the state’s Senate passed a motion to reconsider the bill on Thursday. House Bill 2324 was initially voted down in the House during its third…
Arizona Governor Katie Hobbs rejected bills to establish a state Bitcoin reserve and accept crypto payments, but signed a bill regulating crypto ATMs. Arizona Governor Katie Hobbs vetoed two key cryptocurrency-related bills that aimed to expand the state’s involvement in digital assets while signing a strict regulatory measure targeting Bitcoin ATMs. On May 12, Hobbs…
Arizona State Senator and Bitcoin advocate Wendy Rogers said, “Bitcoin doesn’t need Arizona, Arizona needs Bitcoin.” Bitcoiners and United States government officials have criticized Arizona Governor Katie Hobbs’s decision to veto a bill that would have allowed the state to hold Bitcoin as part of its official reserves. “This will age poorly,” Casa co-founder and…
Arizona’s plan to invest in Bitcoin has ended in a veto, with Governor Katie Hobbs citing concerns over using public funds for “untested assets.” Arizona Governor Katie Hobbs has vetoed a bill that would have allowed the state to hold Bitcoin as part of its official reserves, effectively ending efforts to make Arizona the first…
Arizona’s Strategic Digital Assets Reserve Bill is one vote away from hitting Governor Katie Hobbs’ desk, though she has been recently vetoing bipartisan bills. Update (April 18 at 3:28 am UTC): This article has been updated to include a comment from Bitcoin Laws founder Julian Fahrer. One of Arizona’s crypto reserve bills has been passed…
New Hampshire is now the fourth US state to see a Bitcoin reserve bill pass through one legislative chamber, while a Florida House committee has advanced a similar bill. New Hampshire’s House and Florida’s House insurance and banking committee have respectively advanced bills allowing their states to create Bitcoin reserves. New Hampshire’s House passed its…
It comes on the same day Oklahoma’s Strategic Bitcoin Reserve Act passed the State House of Representatives, bringing a reserve one step closer to potential enactment. Kentucky governor Andy Beshear has signed a measure known as the “Bitcoin Rights” bill, into law, enshrining protections for crypto users, as two other US states’ Bitcoin reserve legislation…