SEC’s Crypto Task Force to Build National Bitcoin Reserve: Bullish for $BTCBULL?
Bitcoin ($BTC) is once again making headlines as rumors of the US Securities and Exchange Commission (SEC) creating a national $BTC reserve spread across the crypto market. This is a long-anticipated step that’s expected to trigger another bull run for the ‘king of crypto’. But how will a national Bitcoin reserve impact other countries, as well as smaller players in the market? For now, it’s safe to say that other $BTC-related projects will benefit from increased confidence in the top digital currency. Among them is BTC Bull ($BTCBULL), a Bitcoin-themed meme coin....
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The US Securities and Exchange Commission (SEC) has officially unveiled its new Crypto Task Force, marking a pivotal shift in its regulatory approach to the digital asset sector. This initiative, led by Commissioner Hester Peirce, promises a more engaging and less perilous journey for both the SEC and the crypto industry compared to the tumultuous […]
The proposed crypto task force will examine the impact of crypto and digital currencies across the Commonwealth of Pennsylvania. A bill to establish a crypto task force in Pennsylvania has been introduced in the state’s General Assembly.According to the details of HB1724 published by LegiScan, the proposed crypto task force will be mandated to examine the potential impact of widespread crypto and digital currency adoption in the state.A moderately partisan bill introduced by eight Democratic and two Republican members of the General Assembly, the proposed legislation, if passed, will be....
A public-private task force has submitted a report to the Biden administration that includes recommendations to tighten the regulation of cryptocurrencies, including bitcoin, with the aim to combat ransomware. “The cryptocurrency sector that enables ransomware crime should be more closely regulated,” the task force wrote. White House Urged to Tighten Crypto Regulation A task force, organized by the Institute for Security and Technology, submitted a report entitled “Combating Ransomware” to the Biden administration Thursday with 48 recommendations, some of which aim....
As the United States and its allies intensified sanctions on Russia for its invasion of Ukraine, the US Justice Department reports the creation of a new task force that will go after crypto exchanges helping move Russian oligarchs’ money. According to a statement made by the Department of Justice on Thursday, the “Kleptocapture” task force […]
This week, the Conference of State Bank Supervisors (also known as the CSBS) made an announcement of a new task force charged with the task of studying today's changes in payment systems. The Task Force, aptly named the Emerging Payments Task Force, will set their attention on digital currencies and other innovations down the line "to determine the potential impact on consumer protection, state law, and banks and non-bank entities chartered or licensed by the states." The Task Force will engage with a broad range of stakeholders - including fellow state regulators, federal regulators,....