
U.S. state legislators have urged Democratic leaders, including Senator Elizabeth Warren, to advance a regulatory framework for cryptocurrencies. This call comes amid discussions led by Bo Hines, Executive Director of the White House crypto working group, on budget-neutral strategies for the U.S. to acquire Bitcoin (BTC). Hines emphasized the inclusion of other cryptocurrencies such as Ethereum (ETH), XRP, Cardano (ADA), and Solana (SOL) in a proposed digital asset stockpile. The ongoing discussions were highlighted during a recent roundtable hosted by the Securities and Exchange Commission (SEC), which focused on the future regulation of digital assets. The SEC's task force acknowledged the need for a more effective regulatory approach, moving beyond the current framework that many believe is inadequate. Additionally, industry figures like Michael Saylor have advocated for a strategic Bitcoin reserve, arguing that a well-structured acquisition strategy could potentially convert the U.S. national debt into a surplus. The evolving policy landscape reflects a growing governmental embrace of Bitcoin and the broader cryptocurrency market.
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ICYMI, Weekly Roundup LIVE from DAS! 🔥 We discuss: - Increasing political engagement around crypto - The budget-neutral push to buy Bitcoin - The narratives driving the crypto industry - Corporate adoption of Bitcoin & more! Timestamps: 00:00 Political Engagement & Legislation https://t.co/Ftjrzp4xm9




