Today in crypto, a new bill set to be introduced in Congress aims to formalize President Donald Trump’s executive order establishing a US Strategic Bitcoin Reserve, Democrat Representative Gerald Connolly has urged the US Treasury to halt any efforts for a US strategic crypto reserve, and former Binance CEO Changpeng Zhao denied claims in a Wall Street Journal report suggesting that he has been actively seeking a federal pardon from President Trump.US Rep.
Source: Margo Martin“For years, the Democrats waged war on crypto,” Donalds, a Florida Republican, said in a statement to Bloomberg.“Now is the time for Congressional Republicans to decisively end this war.”If the bill is passed, it would ensure that the Strategic Bitcoin Reserve and the US Digital Asset Stockpile could not be eliminated via executive actions by a future administration.
Byron Donalds to introduce bill codifying Trump’s Bitcoin reserveA new bill set to be introduced in Congress aims to formalize President Donald Trump’s executive order establishing a US Strategic Bitcoin Reserve, a move that could further integrate Bitcoin into the nation’s financial strategy.
or
Share This Story
Article Details
Author / Journalist: Cointelegraph by Cointelegraph
The story "Here’s what happened in crypto today" has 608 words across 22 sentences, which will take approximately 3 - 6 minutes for the average person to read.
Which news outlet covered this story?
The story "Here’s what happened in crypto today" was covered 11 hours ago by Coin Telegraph, a news publisher based in United States.
How trustworthy is 'Coin Telegraph' news outlet?
Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.
The outlet is headquartered in United States and publishes an average of 651 news stories per day.
It's most recent story was published 8 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Negative, indicating that people regard this as "bad news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
