Bitcoin wallets have hit a five-month low as retail investors sell, while whales accumulate billions and institutional outflows continue amid global economic uncertainty.
The country’s securities regulator will also allow 3,500 corporations and professional investors to open “real-name” accounts on cryptocurrency exchanges as part of a pilot program.
The bill “would make our state the first to establish a Strategic Bitcoin Reserve and drive innovation, growth, and financial freedom,” said Senator Schwertner.
The Wyoming Highway Patrol Association has adopted the Proof of Workforce’s “Get Off Zero” initiative and is reportedly exploring adding Bitcoin to its balance sheet.
The task force would investigate how many digital currencies are being traded, the number of exchanges in New York and how crypto affects the state [Read More…]