According to Eleanor Terrett, Arizona has become the first U.S. state to pass a Bitcoin reserve bill that allows for up to 10% of public funds to be invested in virtual currencies such as Bitcoin. This move positions Arizona as a potential leader in crypto adoption among states, offering significant implications for institutional demand and long-term BTC price stability. The bill still requires approval from Governor Katie Hobbs to become law, which traders should monitor closely for confirmation and potential market reaction (source: Eleanor Terrett on Twitter, April 28, 2025).

According to Justin Sun, the successful resolution of a recent case and the court's final ruling send a clear message: the state and judicial authorities recognize and firmly protect virtual currencies. Theft of others' virtual currency constitutes a crime, and the state not only protects virtual currency assets but also takes action against crimes infringing on them. As a platform, Huobi is committed to protecting user assets, which are absolutely safe and receive dual protection from the platform and national laws.