President Donald Trump had been receiving clear signals for weeks regarding the comprehensive cryptocurrency legislation being drafted in the Senate: to ensure its passage, he would need to consent to ethics provisions that would also pertain to him. Initially, Trump consented to a provision that would prohibit him and his spouse from creating the kinds … Read more
Wall Street’s leading regulator has indicated that he anticipates the long-awaited Clarity Act will be enacted this month, positioning the U.S. to become the “crypto capital of the world.” During remarks on Tuesday, Securities and Exchange Chairman Paul Atkins affirmed that the regulator is advancing regulations aimed at supporting the cryptocurrency sector. Pro-crypto lawmakers aimed … Read more
U.S. President Donald Trump called on lawmakers to advance the Clarity Act on Wednesday, while also suggesting the possibility of increased government acquisition of bitcoin. Following a meeting with cryptocurrency executives at the White House, President Trump stated that the successful passage of the Clarity Act would ensure the United States maintains its competitive edge … Read more
Cryptocurrency appears poised for a dynamic summer, with bitcoin striving to establish a solid bottom ahead of a potential market rebound, as the CLARITY Act progresses through various phases of legislative discussions. These developments are unfolding concurrently with the ongoing debates, controversies, and expansive policy discussions surrounding AI, which persist in capturing headlines and influencing … Read more
Texas has increased its Strategic Bitcoin Reserve by an additional $5 million, as outlined in Senate Bill 21. The acquisition elevates the state’s overall bitcoin assets to $10 million. Texas stands out as the sole U.S. state that has both purchased and holds bitcoin on its balance sheet. SB 21, introduced by Rep. Giovanni Capriglione … Read more
