More than two dozen states are now reviewing cryptocurrency reserve legislation Lawmakers in Alabama and Minnesota are considering new bills that could allow their states to invest in Bitcoin, adding to a growing trend across the country. Both states introduced legislation on April 1, with Minnesota’s Bitcoin Act (HF 2946) and Alabama’s Senate Bill 283
The decision is another example of how the US is changing its stance on cryptocurrency Kentucky has officially dropped its case against Coinbase, making it the third state to do so in recent weeks. The state’s Department of Financial Institutions filed the motion to dismiss yesterday, following similar moves by Vermont and South Carolina. This
The move is a result of changing regulations guiding crypto activity in the EU Binance has removed Tether’s USDT trading pairs in the European Economic Area (EEA) as part of its efforts to comply with the Markets in Crypto-Assets Regulation (MiCA). The decision is part of a broader initiative to align with regulatory standards, impacting
The US continues to shift its stance on the regulator guidance of digital assets The regulatory landscape for cryptocurrency in the US is shifting, with two major agencies easing restrictions on digital asset-related activities. The Federal Deposit Insurance Corporation (FDIC) and the Commodity Futures Trading Commission (CFTC) have both taken steps to allow financial institutions
The move is the latest of several made as the agency rethinks its cryptocurrency approach The US Securities and Exchange Commission (SEC) has officially closed its investigation into Coinbase. The news marks a significant shift in the regulatory landscape for the cryptocurrency industry. The SEC’s investigation into https://t.co/pFc4Pz9nFR has been closed with no action being
This isn’t the first time the social media personality has had a run-in with the law Crypto influencer Ben Armstrong, better known as “BitBoy,” has been arrested in Florida, just days after publicly stating that a warrant had been issued for his arrest. The Volusia County Division of Corrections confirmed that Armstrong was taken into
Bills have been presented in both the House and Senate to increase interest in digital assets North Carolina lawmakers are considering new legislation that could allow the state’s treasurer to invest a portion of retirement funds in digital assets, including Bitcoin. Bills introduced in both the House and Senate propose allocating up to 5% of
Several states could have their own cryptocurrency reserves in place this year Arizona’s push to establish a cryptocurrency reserve is moving forward as two key bills advanced past the House Rules Committee yesterday. The proposed legislation, if passed, would allow the state to manage digital asset reserves using both seized assets and public funds. The
The US government continues to return cryptocurrency stolen through hacks US authorities are preparing to return $7 million to victims of a sophisticated crypto scam that tricked investors into sending money to fraudulent online platforms. The scheme, which involved social engineering tactics, led victims to believe they were investing in legitimate cryptocurrency ventures. The United
The company expect President Donald Trump’s son to help it guide its mission Metaplanet, a Bitcoin-focused investment firm, has announced the addition of Eric Trump to its newly formed strategic board of advisers. The move is part of the company’s broader plan to position itself as a major force in the Bitcoin economy, with Trump
Aleksei Andriunin has made a deal to return most of the money he stole from the crypto platform Aleksei Andriunin, the Russian entrepreneur behind the Gotbit cryptocurrency platform, has reportedly reached a plea agreement with US prosecutors in a case involving allegations of market manipulation. The deal includes forfeiting approximately $23 million in stablecoins, including
The Senate wants to cap the daily amount at $2,000 A bill aimed at regulating cryptocurrency ATMs in North Dakota is moving forward, with lawmakers reinstating a provision that caps daily withdrawals. The state Senate passed House Bill 1447 by a 45-1 vote, reviving a transaction limit of $2,000 per user that had previously been
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