By mrblockchain Arizona pioneers crypto forfeiture management with House Bill 2324, creating a dedicated Bitcoin/Digital Assets Reserve Fund for seized assets. Strategic legislative maneuvering revived the bill after initial setbacks, highlighting growing bipartisan interest in crypto policy. Revenue allocation framework directs $ 300 K+ from asset sales to anti-racketeering efforts, with surplus split between state […]
Tag: HB
By Emir Abyazov Republican members of the U.S. House of Representatives have unveiled a preliminary draft of legislation aimed at regulating the digital asset industry, incorporating developments and proposals made over recent years. The published discussion draft includes provisions outlining the respective authorities of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading […]
By coinspy Florida’s initiative to allocate up to 10% of select public funds into Bitcoin has been quietly shelved, with both legislative bills withdrawn before a vote. The state joins a growing roster of U.S. states—including Wyoming, South Dakota, and Arizona—that have recently abandoned similar crypto reserve proposals. Despite state-level setbacks, federal-level speculation about a […]