The bills aim to create a regulatory framework for payment stablecoins and enshrine rights for crypto users to self-custody digital assets.
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The bills aim to create a regulatory framework for payment stablecoins and enshrine rights for crypto users to self-custody digital assets.
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The crypto bills could hand power to the purportedly more crypto-friendly CFTC and better define the SEC’s jurisdiction.
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The study would examine the possible impact of holding crypto and how the state would custody a digital currency.
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The bills state that the trustee must hold a sufficient amount of gold in reserve for all units of digital currency that have been issued and are still in circulation.
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The bill seeks to enshrine crypto miners’ rights and will still have to pass muster in the states House before its signed into law by the governor.
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