South Dakota Lawmaker Reintroduces Bitcoin Reserve Bill
A bill that would let the state invest some of its public funds in bitcoin has been submitted by a South Dakota lawmaker, resuming attempts that were unsuccessful in the state assembly last year. On Tuesday, Republican Representative Logan Manhart introduced House Bill 1155, which would amend South Dakota’s public investment laws to allow the […]
Kansas bill proposes government-managed Bitcoin reserve
To allow staking benefits to flow into a reserve fund, the idea aims to place abandoned digital assets under governmental custody. Legislators in Kansas have proposed legislation that would directly integrate digital assets into the state’s unclaimed property framework by establishing a state-run reserve fund for Bitcoin and digital assets. The law suggests that some […]
FSCA Prepares South Africa Cryptocurrency For Expansion
South Africa companies that provide financial services are to give customers with goods and services related to cryptocurrencies. On October 19, South Africa’s Financial Sector Conduct Authority revised its financial advisory legislation from 2002, categorizing crypto assets in the country as financial products. This development comes as a direct result of that amendment. The most […]
Reports: India to regulate, not ban, crypto
According to reports, Indian crypto investors would be given a deadline to register their crypto holdings, after which they will be required to keep their assets on SEBI-regulated crypto exchanges. The Indian government does not want to outright prohibit cryptocurrencies, but rather to regulate them as ‘assets.’ According to a cabinet note seen by NDTV, […]