News list for " west Virginia"
US Senator Chris Rose of West Virginia has submitted a bill to allow the state treasury to invest up to 10% of its funds in bitcoin or precious metals to hedge against inflation risk. The bill stipulates that the state treasury can invest in digital assets with a market value of more than $750 billion, and currently only bitcoin meets the standard. Assets can be held on-chain or invested through ETFs.
On November 6th, the US Republican Party gained control after securing key seats in the Senate of Ohio and West Virginia, that is, the Republican Party has obtained majority control of the US Senate, which also brings a bright future for cryptocurrency regulation, as the Republican-dominated Senate is expected to prepare for the introduction of clearer cryptocurrency regulations, indicating that the United States will shift to policies that benefit the industry. It is reported that the US Senate...
