News BTS

News BTS

Wyoming, Massachusetts Propose Bitcoin Reserve Legislation

Wyoming Representative Jacob Wasserburger introduced HB0201, the “State Funds-Investment in Bitcoin Act,” on Friday, proposing the creation of a strategic Bitcoin reserve. Wyoming took its first bold step toward a strategic bitcoin reserve! Thank you Rep. Wasserburger for introducing legislation to…

SEC Charges DCG and Genesis with $38M Fine for Fraud

The U.S. Securities and Exchange Commission (SEC) announced enforcement actions against Digital Currency Group (DCG) and its subsidiary Genesis on Friday, citing violations of securities laws. The SEC accused DCG and Genesis of defrauding investors through misrepresentation, resulting in penalties and…

Trump’s Pick Bessent Stands Against Digital Dollar

President-elect Donald Trump’s nominee for Treasury secretary, Scott Bessent, told the Senate Finance Committee on Thursday that the Treasury should refrain creating a central bank digital currency. “I see no reason for the US to have a central bank digital currency.…