亚利桑那州州长凯蒂·霍布斯（Katie Hobbs）否决了一项法案，该法案将授权该州投资比特币

投入：亚利桑那州州长凯蒂·霍布斯（Katie Hobbs）否决了一项法案，该法案将授权该州投资其一部分资金投资于比特币，停止努力在州财政部建立数字资产储备。

Arizona Governor Katie Hobbs has vetoed a bill that would have authorized the state to invest a portion of its funds in Bitcoin, ceasing an effort to create a digital asset reserve within the state treasury.

亚利桑那州州长凯蒂·霍布斯（Katie Hobbs）否决了一项法案，该法案将授权该州投资其一部分资金用于比特币，不再努力在州财政部内创建数字资产储备。

The move unexpectedly ends a Republican-led initiative to make Arizona the first U.S. state to allocate public funds to cryptocurrency.

此举意外结束了一项由共和党领导的倡议，使亚利桑那州成为第一个将公共资金分配给加密货币的州。

Senate Bill 1025, passed by the Republican-majority state Senate and House of Representatives on April 26, proposed allowing Arizona’s state treasurer and public retirement systems to invest up to 10% of their assets in virtual currencies such as Bitcoin. The legislation outlined the use of seized assets to back the proposed investments and create a digital asset reserve managed by the state.

共和党多数州参议院和众议院于4月26日通过的1025号法案提议允许亚利桑那州的州财务主管和公共退休系统在比特币等虚拟货币中投资多达10％的资产。该立法概述了使用被没收的资产来支持拟议的投资，并创建由国家管理的数字资产储备。

The bill passed the House with a narrow 31–25 vote and had the support of two Republican lawmakers who co-sponsored the measure. However, the legislation did not progress beyond the governor’s desk. Governor Hobbs issued a veto soon after the bill’s arrival, effectively ending the legislative push.

该法案以狭窄的31-25票通过了众议院，并得到了两个共同赞助该措施的共和党议员的支持。但是，该立法并未超出州长的办公桌。霍布斯州长在该法案到达后不久就发表了否决权，有效地结束了立法推动。

The Governor of Arizona just vetoed a bill that would have seen the state invest in bitcoin.

亚利桑那州州长只是否决了一项法案，该法案本来可以看到该州对比特币进行了投资。

Imagine the ignorance of a politician to believe they can make investment decisions.

想象一下，政治家的无知相信他们可以做出投资决定。

If she can’t outperform bitcoin, she must buy it.https://t.co/L877b973jx pic.twitter.com/VoTAhrcvCM

如果她不能胜过比特币，则必须购买。

— The Bitcoin Standard (@BitcoinStandard) May 13, 2023

- 比特币标准（@BitcoinStandard）2023年5月13日

Governor Cites Risk to Retirement Funds

州长引用了退休资金的风险

In her formal veto letter, Governor Hobbs emphasized concerns about applying public funds to what she described as “untested” assets. She defended the performance and strategy of the Arizona State Retirement System, stating that its strength lies in its commitment to informed investment decisions.

霍布斯州长在正式的否决信中强调了将公共资金应用于她所说的“未经测试”资产的担忧。她为亚利桑那州退休系统的绩效和策略辩护，并指出其优势在于其致力于明智的投资决策的承诺。

According to Hobbs, virtual currencies such as Bitcoin do not meet the investment standards necessary for safeguarding retirement funds. She wrote that the state’s retirement system “is one of the strongest in the nation because it makes sound and informed investments,” adding that Arizonans’ retirement savings should not be exposed to the volatility of digital assets.

根据霍布斯的说法，诸如比特币之类的虚拟货币不符合维护退休基金所必需的投资标准。她写道，该州的退休制度“是全国最强大的国家之一，因为它可以进行良好的投资和知情的投资。”他补充说，亚利桑那州的退休储蓄不应暴露于数字资产的波动性。

According to the governor’s office, the administration’s priority is to ensure that any new legislation is passed and that a bipartisan funding plan is put in place.

据州长办公室称，政府的首要任务是确保通过任何新的立法，并制定了两党的资金计划。

The governor’s veto comes as no surprise, given her previous statement that she would not approve any new legislation until a bipartisan funding plan is passed, particularly one that protects health services for Arizonans with disabilities.

鉴于她先前的声明，她在两党的资金计划通过，尤其是保护亚利桑那州残疾人的卫生服务，因此总督的否决权并不奇怪。

The statement from the governor’s office also mentions that the administration is focused on advancing legislation that supports small businesses and creates jobs in Arizona.

州长办公室的声明还提到，政府的重点是推进支持小型企业并在亚利桑那州创造就业机会的立法。

The decision has sparked some reactions on social media. Following the news of the veto, Bitcoin Magazine CEO David Bailey expressed his frustration with the outcome.

该决定在社交媒体上引发了一些反应。否决消息后，比特币杂志首席执行官戴维·贝利（David Bailey）对结果表示沮丧。

This is the DEEP STATE at work, brazenly trying to steal from the people of Arizona! Governor Hobbs's veto of SB1025 is a direct theft from the Arizona State Retirement System and a denial of the will of the elected officials in the state legislature. Shame on her! https://t.co/sG873Vqm70

这是在起作用的深层状态，勇敢地试图从亚利桑那州的人民那里偷走！霍布斯州长的SB1025否决权是亚利桑那州退休制度的直接盗窃，也是对州议会中民选官员的意志的否认。对她感到羞耻！ https://t.co/SG873VQM70

— David Bailey (@TheChainLink) May 13, 2023

- David Bailey（@TheChainLink）2023年5月13日

Earlier this year, Iowa, Missouri, and Texas Legislatures were also considering similar Bitcoin reserve bills. However, no comparable proposals have been signed into law by any state since early May 2025.

今年早些时候，爱荷华州，密苏里州和德克萨斯州立法机关也在考虑类似的比特币储备账单。但是，自2025年5月初以来，任何州都没有将任何州签署为法律。

The rejection of the Arizona bill underscores the ongoing debate around the role of cryptocurrencies in public finance. If passed, Arizona would have become the first state to formally invest in Bitcoin as part of its reserve strategy, possibly outpacing even the federal government in digital asset adoption.

亚利桑那州法案的拒绝强调了有关加密货币在公共财政中的作用的持续辩论。如果通过了，亚利桑那州将成为第一个作为其储备战略的一部分正式投资比特币的州，甚至可能超过联邦政府在数字资产采用方面。