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North Carolina’s House of Representatives passed a crypto investment bill that would allow the state treasurer to invest 5% of state investments into approved cryptocurrencies. According to the official site, the House passed North Carolina’s Digital Assets Investment Act, or…
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Bitcoin
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Arizona has made history as the first U.S. state to pass legislation establishing a Strategic Bitcoin Reserve, following a voting session by the state legislature on Apr. 28. Senate Bill 1025 was approved by the Arizona House by a vote…
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Bitcoin
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Ivan Soto-Wright urged Congress in an open letter to ensure fair competition between state and federal stablecoin issuers in upcoming legislation. The MoonPay CEO voiced support for preserving state regulatory authority over stablecoin issuers, urging Congress to adopt key amendments…
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Satoshi Act Fund co-founder, Dennis Porter, believes the market structure legislation will be a ‘massive boon’ for Bitcoin because it will bring in more capital. In a recent post on April 15, the Bitcoin (BTC) advocate said that market structure…
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Bitcoin
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U.S. Senators Thom Tillis and John Hickenlooper have reintroduced the Proving Reserves of Others Funds Act. This act is a bipartisan bill designed to prevent crypto custodians from co-mingling customer assets with company funds and to strengthen reserve transparency requirements.…
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North Carolina has become the latest U.S. state to explore crypto investments for public pension funds, with lawmakers introducing two bills to allow allocating up to 5% of certainfunds to digital assets. Lawmakers in North Carolina have introduced two separate…
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Bitcoin
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The White House is pushing Congress to accelerate the passage of the GENIUS Act, a bill aimed at regulating payment stablecoins. This pressure comes with the goal of getting it to President Donald Trump’s desk within two months, Crypto in…
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House Democrats are targeting President Donald Trump’s $TRUMP meme coin with new legislation aimed at preventing top U.S. officials from profiting from digital assets. Rep. Sam Liccardo plans to introduce the Modern Emoluments and Malfeasance Enforcement (MEME) Act on Thursday,…
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A Strategic Bitcoin Reserve Bill is heading towards a full vote after passing in the Oklahoma State House Committee, despite BTC’s recent drop below $90,000. According to a state document, the Strategic BTC Reserve bill has been recommended to pass…
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Bitcoin
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Coinbase is pushing Congress to pass legislation that provides regulatory clarity for the cryptocurrency industry, arguing that inaction leaves consumers vulnerable and drives innovation overseas. In a two-page statement, Coinbase Chief Policy Officer Faryar Shirzad emphasized the urgent need for…
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A proposal to legalize Bitcoin aims to reshape Syria’s financial future. Syria, a nation still recovering from the fall of the Assad government, is getting ready for a drastic financial reform: the legalization or Bitcoin (BTC). To combat inflation, stabilize…
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Bitcoin
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The Crypto Market Integrity Coalition called on Congress to establish a national regulatory framework for digital assets before the current legislative session ends. In a letter dated November 14 and seen by crypto.news, CMIC urged Congress to “foster a ‘compliance…
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The UK is expected to introduce laws regulating stablecoins within a few months, according to a spokesperson from Circle. Circle, the issuer of the USD Coin (USDC), anticipates these laws will be in place soon, as stated in a CNBC…
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In an interview, Paul Grewal, Coinbase’s Chief Legal Officer, said that a shift is coming in the U.S. crypto legislative landscape. He forecasted the emergence of a “pro-crypto” Congress following the 2024 elections. Grewal discussed in a Bloomberg Crypto interview…
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Bitcoin
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Ripple CEO Brad Garlinghouse sharply criticized the U.S. Securities and Exchange Commission in a recent social media post. Following a decision by the SEC to pause allegations that the native crypto assets of Solana (SOL), Cardano (ADA), and Polygon (MATIC)…
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Sen. J.D. Vance, Ohio Republican and “Hillbilly Elegy” author, has been announced as former President Donald Trump’s running mate for the 2024 election. Vance’s selection comes amid his push to reform digital asset regulation, which has garnered support from the…
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