Ohio lawmaker introduces Bitcoin reserve bill allowing state to buy BTC
Ohio has become the third US state behind Texas and Pennsylvania to see bills introduced to establish Bitcoin reserves as part of the state’s treasury. Go to Source
Bookmarking Crypto Insights
Auto Added by WPeMatico
Ohio has become the third US state behind Texas and Pennsylvania to see bills introduced to establish Bitcoin reserves as part of the state’s treasury. Go to Source
Representative French Hill says two crypto-regulating bills in the US might make some progress on Capitol Hill before the current Congress disbands. Go to Source
A U.S. congressman has introduced the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act (BRIDGE Act), aimed at improving collaboration between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on digital asset regulations. The bill proposes forming a Joint Advisory Committee to unite both agencies and … Read more
The crypto advocacy group says it is hand-delivering letters to every US Senator explaining why Bitcoin would help the US secure its position as a world leader. Go to Source
North Carolina Governor Roy Cooper will now either sign or veto the law that bars the state’s government from accepting a Federal Reserve CBDC, potentially joining Louisiana. Go to Source
The SEC’s proposed crypto custody rule and its “hostility” to the industry isn’t in Joe Biden’s “best interests,” Representative Wiley Nickel told Gary Gensler. Go to Source
The bills aim to create a regulatory framework for payment stablecoins and enshrine rights for crypto users to self-custody digital assets. Go to Source Powered by WPeMatico
The crypto bills could hand power to the purportedly more crypto-friendly CFTC and better define the SEC’s jurisdiction. Go to Source Powered by WPeMatico
The study would examine the possible impact of holding crypto and how the state would custody a digital currency. Go to Source Powered by WPeMatico
The bills state that the trustee must hold a sufficient amount of gold in reserve for all units of digital currency that have been issued and are still in circulation. Go to Source Powered by WPeMatico