News That Could Be Good for Cryptocurrencies
📢 On May 6, House Republicans will introduce a new bill regarding the regulation of cryptocurrencies ahead of a key hearing. The bill aims to define how the United States will handle cryptocurrency markets, stablecoins, and future oversight of digital assets.
💬 Could this law bring the clarity that the cryptocurrency market has long awaited - or will it lead to further uncertainty?
What type of regulation do you think will help or hinder the adoption of cryptocurrencies?
📢 Arizona has passed the Strategic Bitcoin Reserve Act, which authorizes the state’s Treasury and pension funds to allocate up to 10% of available funds to Bitcoin and other digital assets. If enacted, Arizona will become the first U.S. state to legally invest its public funds in Bitcoin.
💬 What do you think about states owning Bitcoin? Does this set a precedent to be followed?