The state is one of a handful looking to embrace cryptocurrency more Arizona lawmakers have taken a significant step towards incorporating Bitcoin into the state’s financial strategy with the advancement of a new bill. The proposed legislation, known as the Strategic Bitcoin Reserve Act (SB1025), was passed by the Arizona State Senate Finance Committee on
The billionaire is reportedly considering moving government spending oversight to the Blockchain Elon Musk, as head of the Department of Government Efficiency (DOGE), is reportedly exploring how blockchain technology could streamline US government operations and curb federal spending. This initiative aligns with Musk’s vision of enhancing accountability and reducing waste in government budgets. The DOGE
President Trump wants the federal government to create a framework for digital assets President Donald Trump took a significant step toward advancing cryptocurrency and blockchain technology with an executive order issued yesterday. The order outlines a plan to create a clear regulatory framework for digital assets while promoting their growth and responsible use within the
The bill would implement daily withdrawals for crypto users in the state A North Dakota lawmaker has introduced a bill aimed at regulating cryptocurrency ATMs to enhance consumer protection and combat scams. House Bill 1447, presented on January 15, proposes several restrictions, including a daily withdrawal limit of $1,000 and a fee cap of $5
The move comes after Trump called Ulbricht’s lengthy prison term ‘ridiculous’ President Donald Trump has granted a full pardon to Ross Ulbricht, the creator of the Silk Road darknet marketplace, fulfilling a promise made during his campaign. Many people who have been aware of the issue seem to agree with this recent move by the
The exploit was only recently uncovered, but could have a major impact on holdings A recently uncovered exploit has placed approximately 14,545 Tron cryptocurrency wallets at risk, threatening millions in digital assets. The vulnerability is tied to the UpdateAccountPermission transaction, which was intended to improve account security but has been manipulated by attackers to gain
The TRUMP memecoin is facing scrutiny ahead of Donald Trump’s swearing-in ceremony Concerns have emerged over unusual trading patterns surrounding the recently launched Official Trump (TRUMP) memecoin, a Solana-based cryptocurrency linked to President-elect Donald Trump. The token’s market cap has skyrocketed to $42 billion, drawing massive attention from retail investors, but onchain activity has raised
Bloomberg expects the new President to enhance cryptocurrency oversight Donald Trump, set to re-enter the White House on January 20, is reportedly planning to prioritize cryptocurrency regulation on his first day back in office. According to Bloomberg, Trump may sign an executive order that would establish crypto as a national priority. This initiative could direct
The decision could mean a massive injection of funds for the exchange and some users The US government has initiated steps to return a significant portion of cryptocurrency linked to the infamous 2016 Bitfinex hack. Many customers who lost large amounts of money could benefit from this move. A recent legal motion filed on January
The move could help advance cryptocurrency policies on the federal level US Representative Tom Emmer has been named vice chairman of the House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. The Minnesota Republican, a vocal advocate for cryptocurrencies, takes on this role as part of a broader effort by lawmakers to address the
The Supreme Court refused to hear Binance’s arguments for dismissal The US Supreme Court has rejected an appeal from Binance and its founder, Changpeng “CZ” Zhao, allowing a class-action lawsuit against the cryptocurrency exchange to move forward. The lawsuit, originally filed in 2020 by investor Chase Williams, accuses Binance of selling unregistered securities and operating
The decentralized exchange was found to be offering illegal securities Mango Markets, a Solana-based decentralized exchange, has announced it will shut down operations following a prolonged legal battle with the US Securities and Exchange Commission (SEC). Users have been advised to close their positions, with governance-approved changes to the platform set to take effect soon,
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