Here’s why Russia’s investigating committee seeks regulating Bitcoin as property

Russia’s main federal investigating authority is proposing new legislation for Bitcoin that could potentially criminalize its transfer through third parties. Russia’s Investigative Committee has put forward a proposal that could potentially affect the country’s cryptocurrency market. In early February, the agency’s Chairman Alexander Bastrykin announced during an extended board meeting that the committee had proposed […]
Utah House committee passes bill for state to buy crypto
The bill now needs to pass a majority vote in Utah’s House and Senate before being approved by state governor Spencer Cox, who appears to be pro-crypto. Source link
Arizona Senate committee advances Bitcoin reserve bill

The Arizona Senate Finance Committee has approved SB1025, also known as the “Arizona Strategic Bitcoin Reserve Act.” The Act was approved in a 5-2 vote. Co-sponsored by State Senator Wendy Rogers and Representative Jeff Weninger, the bill seeks to allow up to 10% of Arizona’s public funds, including state treasurer and retirement system reserves, to […]
Circle donates $1m in USDC to Trump inaugural committee

Circle has donated $1 million to President-elect Donald Trump’s inaugural committee. Circle CEO Jeremy Allaire announced the contribution on social media, emphasizing that the committee’s acceptance of USDC highlights the growing adoption of digital currencies in mainstream finance. “The fact that the Committee took payment in USDC is an indicator of how far we have […]