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The BITCOIN Act proposes the acquisition of 1 million BTC over the course of five years, with a minimum holding period of 20 years.
The bill is now moving to the full Senate for a vote. If enacted, the legislation would provide long-awaited clarity for stablecoin issuers and users.
Bitcoin's performance mirrors major US tech stocks as macro concerns persist and risk assets struggle.
Five Republican Senators have cosponsored Cynthia Lummis' Bitcoin Act, while Congressman Nick Begich has introduced a companion bill in the House.
In wake of attack, 1inch encourages updates and offers bug bounty to protect ecosystem integrity.
The MEME Act drives debate on ethical boundaries for public officials in the emerging digital asset space.
According to a letter sent by seven US senators, the staking restrictions put US crypto ETPs at disadvantage.
Coinbase's call highlights competing policy priorities as regulatory clarity becomes a key to retaining US blockchain innovation.
Calls for decentralization grow as Bitcoin's transaction security is challenged by central mining pools.
Tenev warned that without clear tokenization rules, the US risks losing its financial market dominance to more progressive economies.
Pham previously suggested creating a regulatory sandbox to foster blockchain industry growth in the US.
Trump's crypto plans face legal hurdles, yet promise a coordinated policy push.
BitMEX and its parent holding company HDR Global Trading have been fined $100 million for violating the US Bank Secrecy Act.
The documents are unredacted versions of letters shared by Paul Grewal last month.
Wyoming's stablecoin commission faces backlash from Cardano for bypassing inclusive blockchain procedures.
Disparity between ideal inclusivity and market reality in DeFi highlighted by BIS report.
Drawing on historical movements for state-level advocacy, the fund aims to proactively safeguard Bitcoin user rights before federal legislation.
Denmark plans new crypto tax model to align with stock savings accounts, aiming for consistency across financial instruments.
South Korea aims to tighten cross-border stablecoin trade with new forex regulations to address regulatory gaps and monetary risks.
Contesting the SEC's claims, Crypto.com aims to establish regulatory clarity and safeguard the crypto industry's future in the United States.
