Arizona Gov. Katie Hobbs speaks during the Harris-Walz Campaign Election Eve rally and concert at the Celebrity theater in Phoenix, Arizona, on November 4, 2024. (Patrick T. Fallon / AFP via Getty Images) Arizona governor vetoes state bitcoin reserve Arizona Gov. Katie Hobbs said Arizonans' retirement funds are "not the place for the state to try untested investments." May 5, 2025 By Colin Wood