Arizona passes bills to create crypto reserve
In Brief: The Arizona House of Representatives has passed two bills into law proposing ideas on establishing a crypto reserve. The bills, which had more legislators voting in their favor than otherwise, passed through a third reading on Monday. Arizona follows a nationwide rave for crypto reserves The first Senate Bill 1025 (SB1025) proposed an […]
Breakdown of Trump’s order to create a strategic “Crypto Reserve”
Brief Take US President Donald Trump finally issued an executive order on Thursday to create a Strategic Bitcoin Reserve. The EO comes just a day before the crypto summit with top industry executives at the White House. Here’s the text of the Executive Order: ESTABLISHMENT OF THE STRATEGIC BITCOIN RESERVE AND UNITED STATES DIGITAL ASSET […]
SEC begins to pull back its crypto enforcement unit
U.S. Securities and Exchange Commission has started scaling down its crypto enforcement division, which was expanded by the past Chair, Gary Gensler. Some of the 50 lawyers and staff members of the unit are currently being reassigned to other departments in the agency, The New York Times reported, citing five sources familiar with the matter. […]