Analysis
A new government outlook may bring crypto firms back to the United States after years of regulatory confusion.
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US Government News
The US government is a system of public administration in the USA that was established with the adoption of the Constitution in 1787. In terms of Bitcoin, the US government shows its interest in blockchain technology and its development. However, the US government’s view on Bitcoin still remains unclear as the regulation of digital currency hasn’t been created yet and now cryptocurrency is considered simply to be a digital asset rather than an official means of payment. The main concern of authorities is not the use of virtual money, but the possibility of avoiding taxes, money laundering and supporting terrorism as the effective, but traditional ways to prevent all of this doesn’t work with cryptocurrencies as well as it does with fiat currencies.
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The US Securities and Exchange Commission held the first crypto roundtable of industry attorneys, officials, and former regulators on March 21.
3659 - News
US President Donald President Trump won every swing state in the 2024 election with heavy support from the cryptocurrency industry.
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The high-profile SEC case against Ripple seems to have come to a close, but the crypto industry still doesn’t have the legal framework it wants.
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Executive orders can be repealed by future US presidential administrations just as quickly and easily as they were established.
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The North Dakota House had passed a crypto ATM bill with looser user transaction limits, but the state’s Senate has tightened that to $2,000 a day.
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DeFi has scored a victory in Congress, but how can lawmakers match real regulatory concerns with user privacy demands?
3190 - News
According to Elon Musk, DOGE has already identified over $500 billion in fraudulent spending in entitlement programs.
5742 - News
Although the GENIUS stablecoin legislation faced some opposition from Democrat lawmakers, advancing the bill was a bipartisan effort.
2657 - News
The traditional banking system feels threatened by blockchain alternatives as legacy systems underperform in terms of cost and convenience.
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Centralized stablecoins feature all the hallmarks of a central bank digital currency, including the ability of the issuer to freeze tokens.
11072 - Explained
Bitcoin is a volatile digital asset, gold is a stable physical store of value, and oil is a key energy resource with geopolitical risks.
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The US Housing Department has discussed possibly using a stablecoin to fund grants and tracking it using blockchain, ProPublica reports.
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The Trump administration is currently exploring proposals for major tax, cryptocurrency and administrative reform in the United States.
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President Trump and Scott Bessent both called for a comprehensive regulatory framework on stablecoins and a clear regulatory environment.
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