Asia holds crypto liquidity, but US Treasurys will unlock institutional funds

Asia holds crypto liquidity, but US Treasurys will unlock institutional funds

The disconnect between Asia’s crypto liquidity hubs and US capital markets has hindered institutional adoption of digital assets. Opinion by: Jack Lu, CEO of BounceBit For years, crypto has promised a more open and efficient financial system. A fundamental inefficiency remains: the disconnect between US capital markets and Asia’s liquidity hubs. The United States dominates…

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US crypto industry needs band-aid now, 'long-term solution' later — Uyeda

US crypto industry needs band-aid now, 'long-term solution' later — Uyeda

Acting SEC Chair Mark Uyeda encouraged crypto market participants to share “where exemptive relief may be appropriate.” A fast-tracked temporary crypto regulatory framework could bolster innovation within the US crypto industry while permanent regulations are still in the works, says acting US Securities and Exchange Commission (SEC) chair Mark Uyeda. “A time-limited, conditional exemptive relief…

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Bitcoin holds K as US dollar falls to 3-year low and PPI inflation drops sharply

Bitcoin holds $82K as US dollar falls to 3-year low and PPI inflation drops sharply

Developing bull market signals could continue to boost Bitcoin prices despite the tense atmosphere of the US trade war. Bitcoin (BTC) sought higher levels around the April 11 Wall Street open as the week’s final US inflation data gave bulls hope. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD…

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New York bill proposes legalizing Bitcoin, crypto for state payments

New York bill proposes legalizing Bitcoin, crypto for state payments

The bill seeks to legalize cryptocurrency payments using Bitcoin, Ethereum, Litecoin and Bitcoin Cash, but may mandate an an additional state “service fee” for these transactions. A New York lawmaker has introduced legislation that would allow state agencies to accept cryptocurrency payments, signaling growing political momentum for digital asset integration in public services. Assembly Bill…

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Swedish MP proposes Bitcoin reserve to finance minister

Swedish MP proposes Bitcoin reserve to finance minister

The MP proposed a “budget-neutral” Bitcoin reserve to the finance minister, inspired by US President Donald Trump’s March 7 executive order. A member of Sweden’s parliament has proposed adding Bitcoin to the country’s national foreign exchange reserves, suggesting increased openness to cryptocurrency adoption in Europe following recent moves by the United States. Swedish MP Rickard…

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