South Korean ‘Coin Gate’ lawmaker cleared of all charges
Former South Korean lawmaker known for the Coin Gate scandal, Kim Nam-guk, has been declared ‘not guilty’ of all charges by court. According to a report from local media News1, a Seoul Southern District Court judge found Kim “not guilty” of all charges on his first trial. Kim was accused of misreporting his assets to […]
Hong Kong lawmaker calls for crypto acceleration after U.S. crypto czar press conference
Hong Kong legislator Johnny Ng urges regulators to accelerate pro-crypto initiatives in the region after U.S. crypto czar David Sacks’ press conference. In a recent post, Ng emphasizes the importance of the press conference conducted by U.S. AI and crypto czar David Sacks on Feb. 5 and what it signifies for other countries. He believes […]
SKI surges 25% on news of backing from a US lawmaker
SKI, the native token of Ski Mask Dog, saw a significant rally on Dec. 2 following reports that a United States lawmaker has invested in the meme coin. Ski Mask Dog (SKI) soared 25% to an intra-day high of $0.237 on Dec. 3, bringing its market cap up from around $187 million recorded the previous […]
Lawmaker warns crypto miners in Chechnya will be treated like terrorists in 2025
State Duma lawmaker Adam Delimkhanov says crypto miners in Chechnya will be equated with terrorists, following the ban on cryptocurrency mining in several regions in Russia starting in January 2025. According to Russian news outlet Tsargrad TV, Delimkhanov stated that starting from Jan. 1, 2025 cryptocurrency mining will be deemed illegal in the Chechen Republic. […]
Hong Kong lawmaker wants to add Bitcoin to national reserves to boost financial security
Hong Kong legislator Wu Jiexhuang suggested the region should start adding Bitcoin to its national reserves as a way to boost financial security. According to the local newspaper Wen Wei Po, Wu said Hong Kong regulators should study the impact of U.S-issued Bitcoin exchange-traded funds on the market as a starting point before they decide […]
Japanese lawmaker ‘Satoshi’ questions gov’t plans for Bitcoin reserve
Satoshi Yamada asked the Japanese government whether it could “convert part of its foreign exchange reserves” into Bitcoin or another token. Source link
Texas lawmaker proposes bill to establish strategic Bitcoin reserve
The draft legislation suggested that Texas residents could fund the Bitcoin reserve through voluntary donations. Source link
Pennsylvania lawmaker introduces bill for ‘strategic Bitcoin reserve’
The proposed legislation would allow the State of Pennsylvania’s Treasurer to invest up to 10% of its funds in Bitcoin, suggesting a multibillion-dollar investment. Source link
