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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Pakistan proposes compliance-based crypto regulatory framework — Report

Pakistan proposes compliance-based crypto regulatory framework — Report

The government of Pakistan is embracing cryptocurrencies following the regulatory pivot in the United States. Regulators in Pakistan have proposed a regulatory framework for digital assets that is compliance-focused, in accordance with rules laid out by the Financial Action Task Force (FATF), the supranational organization that polices finance for money laundering, The Express Tribune reported….

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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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Bitcoin reserve bills advance in New Hampshire, Florida

Bitcoin reserve bills advance in New Hampshire, Florida

New Hampshire is now the fourth US state to see a Bitcoin reserve bill pass through one legislative chamber, while a Florida House committee has advanced a similar bill. New Hampshire’s House and Florida’s House insurance and banking committee have respectively advanced bills allowing their states to create Bitcoin reserves. New Hampshire’s House passed its…

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