Regulatory and Political Context:
- Laws in the U.S.:
- Stability for *stablecoins*: The House of Representatives passed a law to regulate them, although critics warn that it could create a covert state surveillance system.
- "Golden Age of Crypto": U.S. politicians promote a favorable framework, but there are risks that *stablecoins* could function as unofficial CBDCs.
- United Kingdom: Evaluates selling *61,000 seized BTC* (valued at ~USD 5 billion) to reduce its fiscal deficit, a measure criticized for its short-sightedness.