Source: Cointelegraph“We saw that vote come out of the Senate Banking Committee in extremely bipartisan fashion,” Hines said.“I think our colleagues on the other side of the aisle also recognize the importance for US dominance in this space, and they’re willing to work with us here, and that’s what’s really exciting about this.”When asked about when the final stablecoin legislation will arrive on President Trump’s desk, Hines gave the timeline of the “next two months.”All but 1 US spot Bitcoin ETF in the red this MarchExcept for Grayscale’s Bitcoin Mini Trust ETF (BTC), all other United States spot Bitcoin exchange-traded funds (ETFs) had net negative performances in March as analysts expect a bearish Bitcoin trend of up to 12 months.
Minnesota senator proposes Bitcoin Act after going from skeptic to believerMinnesota state Senator Jeremy Miller introduced the Minnesota Bitcoin Act on March 17 to allow the state to invest in Bitcoin (BTC) and other cryptocurrencies, which he drafted after completely changing his stance on the space.“As I do more research on cryptocurrency and hear from more and more constituents, I’ve gone from being highly skeptical to learning more about it, to believing in Bitcoin and other cryptocurrencies,” Miller said in a statement announcing the bill.
Today in crypto, an initially crypto-skeptic Minnesota Senator introduced a Bitcoin-buying bill, the head of President Donald Trump’s crypto council said stablecoin legislation is likely to be passed imminently, and Grayscale’s Mini Bitcoin ETF is the only fund to see net inflows so far this month.
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Author / Journalist: Cointelegraph by Cointelegraph
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