Pennsylvania lawmaker introduces bill for ‘strategic Bitcoin reserve’
The proposed legislation would allow the State of Pennsylvania’s Treasurer to invest up to 10% of its funds in Bitcoin, suggesting a multibillion-dollar investment. Go to Source
Government
Auto Added by WPeMatico
Crypto community hopeful about new Senate leader John Thune
Not endorsed by Donald Trump, Senator John Thune defeated the Elon Musk-supported Senator Rick Scott to become the new Senate majority leader. Go to Source
Trump hints at pushing through SEC chair with recess appointment
The Republican promised to fire SEC Chair Gary Gensler “on day one,” but a tweet suggested he would also attempt to circumvent the Senate confirmation process for a replacement. Go to Source
France considers ban on crypto betting platform Polymarket
France’s gambling regulator confirmed that it’s currently examining Polymarket and its compliance with French gambling legislation. Go to Source
Has Russia really ‘legalized’ cryptocurrency mining?
Russia’s crypto mining laws have filled the “regulatory vacuum,” but there is still a lot of legal uncertainty about many aspects of regulation. Go to Source
SEC cost crypto firms $426M under Gensler — Blockchain Association
The advocacy group called for crypto voters to support a change in leadership at the SEC, given Gary Gensler’s “regulation by enforcement” approach since 2021. Go to Source
Lovers vs haters: The 10 most pro and anti-crypto politicians in the US
While support for the crypto industry has been growing in Washington, it still has a fair number of detractors. Go to Source
US Treasury strategy for financial inclusion mentions digital assets
Lael Brainard credited Vice President Kamala Harris, who is campaigning to be the next US President, with helping expand “access to capital, credit, and economic opportunity.” Go to Source
Netherlands seeks input on crypto tax monitoring laws to align with EU
The Dutch government wants to align its data collection rules for crypto service providers with the rest of the EU, saying it would “create more transparency.” Go to Source
SEC lists crypto as an examination priority in 2025
The regulator’s Division of Examinations specifically named spot Bitcoin and Ether exchange-traded products in its priorities after their 2024 launch. Go to Source