‎Executive Order 14178: President Donald Trump signed this order to strengthen American leadership in digital financial technology. It revokes previous directives and prohibits the establishment of a central bank digital currency, while establishing a group tasked with proposing a federal regulatory framework for digital assets within 180 days.

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‎Strategic Bitcoin Reserve: The U.S. government announced plans to establish a Strategic Bitcoin Reserve, aiming to maintain government-owned Bitcoin as a national reserve asset. This move positions the U.S. as a significant holder of Bitcoin, with estimates suggesting holdings of about 200,000 $BTC .

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SEC's Regulatory Reforms: SEC Chair Paul Atkins announced plans to overhaul cryptocurrency regulations by creating clear guidelines for crypto tokens classified as securities. The SEC is also considering adjustments that would allow registered broker-dealers with an Alternative Trading System (ATS) to trade non-securities like Bitcoin and Ethereum ( $ETH ).

‎🌍 International Developments

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‎Ukraine's Bitcoin Reserve Initiative: Ukraine plans to establish a national Bitcoin reserve with Binance's assistance, signaling a strategic integration of cryptocurrency into national financial systems.

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‎Kazakhstan's Crypto Hub Ambitions: Kazakhstan aims to become Central Asia's crypto hub by lifting restrictions and expanding regulations to attract digital asset businesses.

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‎France's Crypto Crime Surge: France is experiencing a disturbing increase in cryptocurrency-related crimes, including kidnappings and ransom demands, prompting calls for stronger protections and regulatory measures.

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‎🏛️ Legislative and Regulatory Highlights

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‎Arizona's Regulatory Decisions: Arizona Governor Katie Hobbs vetoed multiple cryptocurrency bills but approved regulation for Bitcoin ATMs, reflecting a cautious approach to crypto legislation.

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‎New Hampshire's Deregulation Efforts: New Hampshire lawmakers are set to vote on a bill that would deregulate cryptocurrency mining, a move supported by libertarians but opposed by environmentalists.

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‎Stablecoin Legislation Revival: U.S. senators are working to resurrect stablecoin legislation, which had previously lost momentum due to political controversies.

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‎As nations and states navigate the complexities of cryptocurrency regulation, these developments underscore the global momentum toward establishing clear frameworks for digital assets. Stakeholders should stay informed and engaged as policies continue to evolve.

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