Two US states—Arizona and Utah—are making significant progress in integrating Bitcoin into their state portfolios. This week, both states have advanced …
Latest in U.S. Regulation
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U.S. Regulation
Illinois May Become First U.S. State with an Official Bitcoin Reserve
by Terron Goldby Terron GoldOn Jan. 29, the Bitcoin Strategic Bill was referred to the Rules Committee to establish regulations and fast-track its approval process. Illinois State …
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U.S. Regulation
Fed Chair Jerome Powell Says US Banks ‘Perfectly Able’ to Serve Crypto Customers
by Terron Goldby Terron GoldThe Federal Reserve signaled Wednesday that servicing the cryptosphere shouldn’t be off-limits for U.S. banks, whether that involves catering to …
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U.S. Regulation
South Dakota Seeks to Establish Bitcoin Reserve as More States Join the Trend
by Terron Goldby Terron GoldSouth Dakota is expected to begin debating a bill that seeks to add Bitcoin to its financial reserves, a move …
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U.S. Regulation
Bitwise Files for Dogecoin ETF Amid Shifting US Regulations
by Terron Goldby Terron GoldCrypto asset manager Bitwise has applied to launch a Dogecoin exchange-traded fund amid further signs U.S. policymakers are warming to …
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U.S. Regulation
SEC Removes Ripple Lawsuit From its Website as Case Moves to Appeals Court
by Terron Goldby Terron GoldThe SEC has removed Ripple-related civil actions from its website as the lawsuit advances to the Court of Appeals for the …
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U.S. Regulation
Eric Trump Announces Zero Tax for U.S. Crypto Investors
by Terron Goldby Terron GoldEric Trump recently mentioned that there will soon be no capital gains tax for US-based crypto projects like XRP and …
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U.S. Regulation
Elon Musk Explores Blockchain For Federal Efficiency Through D.O.G.E
by Terron Goldby Terron GoldElon Musk is exploring the use of blockchain technology at the Department of Government Efficiency (D.O.G.E), Bloomberg reported Saturday, citing sources familiar with the matter. …
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U.S. Regulation
SEC Scraps SAB 121 Rule, Easing Crypto Custody Accounting For Banks
by Terron Goldby Terron GoldThe US SEC has issued Staff Accounting Bulletin No. 122 (SAB 122), rescinding specific accounting guidance for custodial crypto assets previously addressed …
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U.S. Regulation
House Dems Warn of Corruption in Trump’s Crypto Business Moves
by Terron Goldby Terron GoldThe crypto industry is waiting for President Donald Trump to issue an executive order that will steer the federal government …
