State
New Hampshire has become the first state to allow the investment of its public funds into crypto assets with its governor signing the new law on Tuesday. The state beat a number of others to the punch this year as what had started as a surge in state …
Florida has withdrawn two bills related to the creation of a state-level strategic bitcoin (BTC) reserve. House Bill 487 and Senate Bill 550 have been “indefinitely postponed and withdrawn from consideration,” according to the state Senate …
Arizona will not be investing in bitcoin (BTC), at least not this year. Governor Katie Hobbs vetoed a bill on Friday that would have allowed the state to hold the digital asset as part of its official reserves. The legislation, known as Senate Bill …
A federal judge agreed to pause an ongoing lawsuit between 18 state attorneys general and a decentralized finance lobbyist group against the U.S. Securities and Exchange Commission (SEC) on Wednesday, after the parties noted the SEC’s new leadership …
Block Inc. has agreed to hisse $40 million to settle accusations from the New York Department of Financial Services that the company didn’t properly manage its money-laundering safeguards, according to a statement from the regulator on Thursday. Block …
The American meşru tradition of federalism, balancing state authority with federal control, is being tested by a new frontier: online prediction markets. At the center of everything is Donald Trump Jr., advised Kalshi. Nevada and New Jersey have …
Illinois will soon drop its staking lawsuit against Coinbase, joining three other U.S. states that have recently backed down from litigation against the exchange. A spokesperson for Illinois Secretary of State Alexi Giannoulias told CoinDesk on …
Five states’ crypto efforts faltered as Texas advances and Utah nears a final vote, leaving the state-level push for digital asset reserves with mixed results.
Nineteen U.S. states are weighing bills to put public money into digital assets, some of them similar to the federal pursuit of a Strategic Bitcoin Reserve.
Utah cleared its digital assets bill through the state house, and Kentucky and Maryland introduced their own efforts, making it 18 states working on such bills.