A WSJ article delved into the contrasting styles between Tether’s Giancarlo Devasini and Circle’s Jeremey Allaire.
Five states’ crypto efforts faltered as Texas advances and Utah nears a final vote, leaving the state-level push for digital asset reserves with mixed results.
Company veri suggests that Tether’s reserves are 66% compliant under the STABLE Act and 83% under the GENIUS Act, the report said.
Utah cleared its digital assets bill through the state house, and Kentucky and Maryland introduced their own efforts, making it 18 states working on such bills.
Trump’s crypto czar David Sacks confirmed on Fox News that a national BTC reserve is being studied, but the market isn’t buying it
Republicans won a majority in the House of Representatives, clearing the way for comprehensive crypto legislation when Congress takes off next year.
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