Tech titan Meta (META) has reportedly been looking into the possibility of a return to the stablecoin market after having spurred a U.S. regulatory backlash from its efforts in years past, and U.S. Senator Elizabeth Warren told CoinDesk that the pending legislation to govern stablecoins needs to insist that’s not possible. A high-stakes crypto bill […]
Arizona will not be investing in bitcoin (BTC), at least not this year. Governor Katie Hobbs vetoed a bill on Friday that would have allowed the state to hold the digital asset as part of its official reserves. The legislation, known as Senate Bill 1025, proposed using seized funds to invest in BTC and create […]
The Swiss National Bank has rejected holding bitcoin reserves, citing concerns over cryptocurrency market liquidity and volatility. “For cryptocurrencies, market liquidity, even if it may seem ok at times, is especially during crises naturally called into question,” said SNB President Martin Schlegel at the bank’s General Assembly meeting Friday. “Cryptocurrencies also are known for their […]