Arizona Governor Vetoes 30 Bills, Signs Crypto ATM Rules

Arizona Governor Katie Hobbs vetoed over 30 bills in a single day, blocking not only several major cryptocurrency measures but also legislation related to immigration and gender identity. Key rejected crypto bills included proposals for a state-managed Digital Assets Strategic Reserve Fund, acceptance of crypto for state payments, and investment of public funds in Bitcoin, with Hobbs citing financial risk and volatility. She also vetoed bills requiring school staff to use students’ legal names and biological pronouns without parental consent and bills that would increase local enforcement of federal immigration law. Despite the vetoes, Hobbs signed House Bill 2387, establishing strict consumer protections for crypto ATMs, such as multilingual fraud alerts and transaction limits. Republican lawmakers criticized her for allegedly undermining public safety and parental rights, while Hobbs defended her actions as prioritizing security and responsible governance. The governor's recent actions underscore a cautious approach to digital assets and resistance to partisan social and immigration legislation.