By Jon Nielsen This is a big change for public finance. An interesting development in both politics and the cryptocurrency world is that the Texas House of Representatives has passed Senate Bill 21, which would establish the first-ever state-run Bitcoin reserve. The bill passed with a solid 101–42 vote and now sits on Governor Abbott’s […]
Tag: SB
By Emir Abyazov Standard Chartered Sticks to $500K Bitcoin Target as Sovereign Funds Show Interest Government entities increased their holdings of Strategy (MSTR) as a derivative of digital gold in the first quarter. Such conclusions were reached in Standard Chartered on the basis of reporting to the SEC. Such a trend has strengthened the bank’s […]
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 […]