US State of Michigan Proposes Bitcoin Reserve Bill
Michigan state representatives Bryan Posthumus and Ron Robinson have introduced House Bill 4087, which, if passed, would allow the state to invest in cryptocurrencies such as Bitcoin.
New York Senator Introduces Bill to Establish a Task Force on Crypto
A New York State Senator has proposed the formation of a 17-member task force to evaluate the cryptocurrency market’s current impact within the state.
Fed Governor Waller: Banks Should Be Allowed to Issue Their Own Stablecoins
US Federal Reserve Governor Christopher Waller highlighted the potential of stablecoins to enhance the global influence of the US dollar.
North Carolina Introduces a New Bitcoin Reserve Bill
A new proposal was put forth in the North Carolina House of Representatives on Monday, suggesting that the state treasurer should be permitted to invest in qualified digital assets in order to create a reserve fund.
SEC Scales Back its Crypto Enforcement Unit
The Securities and Exchange Commission (SEC) is reducing its efforts in regulating cryptocurrency as President Donald Trump fulfills his promises of deregulation.
Robinhood Halts Super Bowl Bets
Robinhood announced on Tuesday that it will be retracting its recently launched event contracts for the Super Bowl, following a directive from the US Commodity Futures Trading Commission.
CFTC Opens Investigation into Crypto.com
According to crypto lawyer Aaron Brogan, the recent investigation into Crypto.com and Kalshi’s event contracts revolves around a key question: whether or not these contracts fall under the Commodities Exchange Act’s definition of sports “gaming.”
