Arizona lawmakers have moved forward with new legislation that would exempt cryptocurrencies from property taxes, signaling a renewed push to position the state as more friendly toward digital assets despite resistance from the governor’s office.

Crypto’s institutional chapter is no longer about belief or experimentation - it is about dependency. That is the underlying message emerging from new research by PwC, which argues that large financial institutions have integrated blockchain-based systems so deeply that rolling them back would now be disruptive to everyday operations.

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