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…

Read More
Lawmaker alleges Trump wants to replace US dollar with his stablecoin

Lawmaker alleges Trump wants to replace US dollar with his stablecoin

Representative Maxine Waters suggested that any stablecoin bills in Congress should receive no support unless Republicans address Donald Trump’s conflicts of interest. California Representative Maxine Waters, ranking member of the US House Financial Services Committee, used her opening statement at a markup hearing to criticize President Donald Trump’s business and ethical entanglements with the crypto…

Read More