Telegram founder Pavel Durov has criticized the French government for attempting to ban encryption, calling it a serious threat to digital privacy. In an April 21 statement on X, Durov revealed that French lawmakers nearly passed a bill last month that would have forced messaging apps to include backdoors that would give law enforcement agencies […]
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A growing number of leading crypto firms, including Circle, Coinbase, BitGo, and Paxos, are reportedly preparing to apply for banking licenses in the United States. According to sources cited by The Wall Street Journal, the firms are leveraging a wave of pro-crypto sentiment in Washington to advance their long-term plans. The report noted that each […]
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Kyrgyzstan has officially authorized the development of a central bank digital currency (CBDC) following the passage of new legislation signed by President Sadyr Zhaparov, granting legal tender status to a future “digital som.” The constitutional law, signed April 17, gives the National Bank of the Kyrgyz Republic the sole authority to issue and regulate a […]
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The passage of the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act would substantially benefit major regulated players in the US financial and crypto sectors, according to a Nansen report. The firm highlighted that the STABLE Act’s licensing and reserve requirements create a regulatory moat favoring established institutions already aligned with US […]
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Arizona is one step away from becoming the first US state to hold Bitcoin and other digital assets in its Treasury, but a political standoff with Governor Katie Hobbs threatens to derail the effort before it reaches her desk. Senate Bill 1373, the Digital Assets Strategic Reserve Fund, was approved by the House Committee of […]
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The US Department of Justice (DOJ) has initiated a review of how victims of digital asset fraud are compensated, following concerns over outdated valuation methods. According to a recent internal DOJ memo, many investors affected by crypto platform collapses, such as FTX, Celsius, Voyager, Genesis, BlockFi, and Gemini Trust, have only received reimbursement based on […]
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Oklahoma has officially exited the race to establish a Strategic Bitcoin Reserve (SBR) after a key bill failed to advance in the State Senate. On April 15, the Oklahoma Senate Revenue and Taxation Committee voted 6-5 to strike down House Bill 1203, also known as the Strategic Bitcoin Reserve Act. One of the key developments […]
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Senator Joe Gruters said Florida is positioned to lead the nation in integrating Bitcoin (BTC) into state-level financial reserves. In remarks made during an interview with Florida Blockchain Business Association founder Samuel Armes, Gruters highlighted that his legislative vision is to incorporate Bitcoin into public financial infrastructure as part of a broader economic policy framework […]
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US Senators Thom Tillis (R-NC) and John Hickenlooper (D-CO) have reintroduced a legislative measure to prevent digital asset custodians from co-mingling customer funds with institutional or proprietary capital. The bill, dubbed the Proving Reserves of Others Funds (PROOF) Act, also mandates monthly third-party inspections of custodial reserves, building on standards already used informally across the […]
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Swedish Member of Parliament Rickard Nordin has formally questioned the government about whether it will allow the central bank to add Bitcoin (BTC) to the country’s foreign currency reserves. In an official written inquiry submitted to Finance Minister Elisabeth Svantesson, Nordin referenced international momentum and a growing global debate on the role of digital assets […]
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A group of US Democratic lawmakers, led by Senator Elizabeth Warren, has strongly criticized the Department of Justice (DOJ) for shutting down its National Cryptocurrency Enforcement Team (NCET). In an April 10 letter, the group expressed concern that the move undermines efforts to combat growing criminal activity tied to digital assets. The NCET, disbanded on […]
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The House Committee on Financial Services has confirmed that the markup session for the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act will take place on April 2. The session will review the Amendment in the Nature of a Substitute (ANS), a revised version of the bill introduced on March 26. The […]
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Senator Ted Cruz introduced legislation on April 1 to repurpose flared gas and use it to generate “value-added products,” like mining Bitcoin (BTC) and other digital assets. The bill, called the Facilitating Lower Atmospheric Released Emissions (FLARE) Act, proposes using natural gas produced during oil drilling operations and providing incentives through tax advantages. Full expensing […]
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Coinbase CEO Brian Armstrong has called on lawmakers to support stablecoin legislation that allows consumers to earn interest directly from their digital dollar holdings, framing it as a “win-win” for consumers, global financial access, and long-term US economic strength. In a detailed post published on March 31, Armstrong argued that the next phase of stablecoin […]
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The Solana Policy Institute (SPI), a non-partisan, non-profit organization, was established on March 31 to engage with lawmakers, educate them on the role of decentralized networks in the digital economy, and advocate for Solana (SOL) in Washington. The group will focus on promoting legal clarity for builders and users of Solana-based applications. SPI was established […]
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Panama has unveiled a sweeping draft bill aimed at regulating cryptocurrencies and fostering the development of blockchain-based services, signaling a renewed effort to position the country as a fintech leader in Latin America. The proposed law establishes a legal framework for using digital assets in financial transactions, establishes licensing requirements for service providers, and includes […]
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Congressman Tom Emmer reintroduced the Securities Clarity Act on March 26 alongside Rep. Darren Soto, reviving a bipartisan effort to clarify the classification of digital assets under federal securities law. The bill aims to clearly distinguish between an “investment contract” and the asset associated with it — an issue at the heart of ongoing regulatory […]
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The US House of Representatives introduced an updated version of the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act on March 26, substantially revising the February 5 draft. The legislation aims to regulate payment stablecoins, introduce new compliance mechanisms, expand oversight powers, and clarify key definitions governing the issuance and use of […]
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The Senate Banking Committee announced on March 25 that the Federal Deposit Insurance Corporation (FDIC) will eliminate reputational risk as a component of bank supervision. White House “Crypto Czar” David Sacks said the FDIC’s decision was a significant correction, and called it “a big win for crypto. He added: “In practice, this vague and subjective […]
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Three US states—Arizona, Kentucky, and Oklahoma—have launched new legislative efforts to support Bitcoin. During the past day, lawmakers in these states have introduced or passed bills to protect crypto rights, encourage Bitcoin investment, and set up state-managed reserves. Arizona’s Bitcoin Reserves bills Arizona is moving forward with two Bitcoin-focused bills that cleared the House Rules […]
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Congressman and Vice Chairman of the Digital Assets Subcommittee Tom Emmer believes the strategic Bitcoin (BTC) reserve plan to acquire 1 million BTC will be enacted before the end of this Congress. While participating in the Digital Asset Summit, he acknowledged the multiple bills to implement state-level Bitcoin reserves. According to data from the Bitcoin […]
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The Senate Banking Committee passed the GENIUS Act with bipartisan support on an 18-6 vote, clearing the bill for the full Senate to consider. Senator Bill Hagerty authored the bill, which received the backing of all Republican members of the Committee and Democratic Senators Mark Warner, Andy Kim, Lisa Blunt Rochester, Ruben Gallego, and Angela […]
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The US House of Representatives has voted overwhelmingly to overturn the controversial DeFi broker rule introduced by the Internal Revenue Service (IRS) under President Joe Biden’s administration. The measure passed with strong bipartisan support, as 292 lawmakers voted in favor while 132 opposed it. Although many Democrats resisted the repeal, 76 broke ranks to join […]
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Senator Cynthia Lummis reintroduced legislation that would authorize the US government to acquire up to 1 million Bitcoin (BTC), formalizing President Donald Trump’s recent executive order establishing a federal Bitcoin reserve. The BITCOIN Act aims to integrate digital assets into US financial strategy, requiring the Treasury Department to manage the acquisition and secure storage of […]
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Byron Donalds, a US congressman and candidate for Florida’s governorship, has proposed that the state establish a Bitcoin reserve, arguing that the digital asset could serve as a safeguard against inflation and federal monetary policy. In an interview with Fox Business on March 10, Donalds suggested that Florida should hold Bitcoin as part of its […]
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The bill provides residents with basic custody protections and establishes the right to mine BTC, operate notes and participate in staking
President Donald Trump reaffirmed his commitment to supporting cryptocurrency and making America the “Bitcoin superpower” at the first White House crypto summit on March 7. Trump reaffirmed his pledge to reverse restrictive policies and position the US as a global leader in digital assets. He stated that his executive order establishing a Bitcoin reserve and […]
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White House “Crypto Czar” David Sacks said the market is “reading a little bit too much” into President Donald Trump’s mention of Solana (SOL), Cardano (ADA), and XRP for the US Digital Asset Stockpile. During an interview with Bloomberg Technology, Sacks said: “The President just mentioned the top five cryptocurrencies by market cap. So I […]
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House Financial Services Committee Chairman French Hill expressed support for President Donald Trump’s executive order to establish a Strategic Bitcoin (BTC) Reserve and a digital asset stockpile. In a statement released by the Financial Services GOP X account on March 7, Hill said the move indicates Trump’s commitment to maintaining US leadership in digital assets […]
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New York lawmakers are moving to crack down on crypto fraud through a new bill that criminalizes deceptive practices. Assembly Bill AO6515, introduced on March 5 by Representative Clyde Vanel, seeks to address rug pulls, private key fraud, and undisclosed financial interests in virtual tokens. Vanel, who chairs the Banking Committee and the Subcommittee on […]
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