Pakistan Floats a National Bitcoin Mining Strategy
Islamabad announced a coordinated effort to attract industrial-scale mining operators, citing surplus generation capacity and a regional push for hard-currency revenue.
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Islamabad announced a coordinated effort to attract industrial-scale mining operators, citing surplus generation capacity and a regional push for hard-currency revenue.
President Trump signed the GENIUS Act into law, creating the first U.S. federal regulatory regime for payment stablecoins after a 308-122 House passage.
The Senate Agriculture Committee narrowly advanced its version of the CLARITY Act framework, while Senate Banking has yet to complete its markup.
Repeatedly cancelled markup sessions and a narrow Senate calendar have raised real doubts about whether comprehensive crypto market structure legislation can pass before the 2026 midterms.
The early-2025 executive order created an inter-agency working group on digital asset policy and explicitly disavowed any U.S. CBDC.
Treasury formally established a working group to study a U.S. Strategic Bitcoin Reserve, with seized-asset BTC as the proposed initial source.
Parliament has approved a tightly-scoped bill governing fiat-backed stablecoins, finally giving issuers a clear path to operate from London.
Seoul's Financial Services Commission signaled it will permit spot Bitcoin ETFs, ending years of restrictive policy and unlocking a major Asian retail market.
The Council of Economic Advisers found that a full ban on passive stablecoin yield would cost consumers roughly $800 million annually in lost returns.
Pretending that anonymously-launched joke tokens are software products is a regulatory fiction that has cost retail traders billions.
The terminology has been doing a lot of work that shouldn't be left unexamined. What looks like passive income is often just deposit margin paid back to depositors.
Even crypto-friendly observers should be skeptical of putting a volatile speculative asset on the federal balance sheet, regardless of which side benefits politically.
Even if the bill passes, it addresses only one specific source of regulatory dysfunction. The industry's other self-inflicted problems will not solve themselves.