BITPRISMIA
El Salvador's Bitcoin investment has grown significantly to $691 million, yielding nearly $400 million in unrealized gains, but the country now faces potential US sanctions under the proposed El Salvador Accountability Act.
Bhutan's government transferred 212.31 BTC worth $23.61 million to Binance, highlighting its strategic approach to Bitcoin as part of its long-term economic planning and digital asset management.
The Bhutan government, through Druk Holding & Investments (DHI), continues strategic Bitcoin transactions, including recent sales via Binance, while maintaining significant holdings, leveraging its hydroelectric power for mining.
Ripple CEO Brad Garlinghouse testified before the U.S. Senate Banking Committee, advocating for proper crypto oversight to position the U.S. as a global blockchain leader and criticizing the SEC's past regulatory approach.
President Trump's demand for Jerome Powell's resignation and his challenge to the Federal Reserve's independence have created uncertainty in the crypto market, potentially leading to increased volatility.
Crypto Czar David Sacks announced the GENIUS Act for stablecoins is advancing to the President's desk, marking a significant legislative victory for the Trump administration, with the CLARITY Act next in line for consideration.
Stablecoin legislation is seen as a strategic move to boost demand for U.S. government bonds and integrate digital assets into the mainstream financial system, with potential benefits for financial stability and economic growth.
A U.S. Treasury report highlights significant flaws in the IRS's handling of seized cryptocurrencies, including poor documentation and security, urging an urgent overhaul to restore public trust and legal integrity.
Malaysia's Securities Commission proposes an overhaul of crypto exchange regulations to enhance market competitiveness and investor protection, following significant growth in the crypto trading market.
The US Senate voted overwhelmingly (99-1) to remove a proposed AI moratorium, preventing states from enacting their own AI regulations, which is seen as a landmark decision for AI innovation and federal tech policy.