Michigan lawmakers introduced four new crypto-focused bills on Wednesday, signaling a growing state-level push to define digital asset policy and limit federal influence over financial innovation.
Rep. Bill Schuette (R-MI) introduced House Bill 4510, which would authorize the state treasurer to invest retirement funds...
Siluanov instead suggested that Moscow will look to use the tokens produced from mining as settlement tools in foreign trade deals.
Russian firms are increasingly looking to make crypto-powered cross-border trade deals using Bitcoin (BTC) and Ethereum (ETH) as they remain frozen out of USD-denominated trade.
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Under Trump, there could be an emphasis on installing pro-crypto figures and fostering private sector involvement in virtual assets.
Quigley remarked on the shift, “The Obama administration and the Biden administration in terms of how they thought about crypto, they were wary of it and Congress was not moving forward ...
As traditional financial avenues become increasingly restricted, decentralized digital currencies offer an alternative that is less susceptible to oversight and harder to trace,” TRM concluded.
The firm expects both the scale and sophistication of crypto use in Yemen to increase amid ongoing geopolitical tensions.