
Montana passes “right to mine” crypto bill
Montana's state senate passed a bill on Feb. 23 in order to protect the right to engage in cryptocurrency mining.
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The agency said that granting crypto official currency or legal tender status can cause monetary, sovereign and financial stability issues.

The joint regulatory statement included a warning on stablecoin reserves for the first time in history.

The applicants will have to separate assets held for local clients, restrict margin and leverage trading, and ceasing the sale of stablecoins without permission.

Coinbase's disclosed 10-K filing showed a note to investors on the uncertainty of ongoing SEC investigations.

Wall Street Journal reported that the SEC was investigating whether stablecoins are products issued in violation of investor-protection laws.

New York Attorney General Letitia James has sued CoinEx for failing to register with the state, according to a press release on Feb. 22.