House Votes on Crypto Regulation, Bans CBDC
In late May, the U.S. House will vote on crucial cryptocurrency bills, impacting digital asset governance with proposals to regulate the industry and block a Federal Reserve digital currency.
Regulation
Trump Backs Bitcoin Surge Amid Regulation Woes
A Standard Chartered report predicts a Trump re-election could propel Bitcoin to potential highs of $150,000 by year-end and $200,000 by 2025, underscoring the impact of regulatory clarity on cryptocurrency growth.
FATF Financial Regulation and Compliance Authority
FATF’s plenary session set global crypto standards, including the “Travel Rule,” for 2024. Major firms like @coinbase and @krakenfx have adopted it. Non-compliance may lead to asset freezes. #CryptoRegulation #Updates
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