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Massachusetts to Hold Hearing to Consider Bitcoin Reserve Bill

Massachusetts is set to hold a hearing regarding a Bitcoin strategic reserve bill introduced by Republican Senator Peter Durant in February. The Joint Revenue Committee will discuss the bill, which proposes that any Bitcoin or digital assets seized by the commonwealth could be deposited into a reserve. Additionally, the legislation would allow the state treasury to invest up to 10% of the Commonwealth Stabilization Fund in cryptocurrency. Given that Democrats hold a supermajority in the state legislature, the bill's chances of passing seem slim. Currently, only a few U.S. states, like New Hampshire and Texas, allow for such crypto reserves. Other states, including Montana and Wyoming, have rejected similar proposals in 2025. Discussions about cryptocurrency investment have gained traction following U.S. President Trump's earlier executive order to create a government stockpile of Bitcoin and crypto assets. The outcome of this hearing may reflect the growing interest in integrating digital assets into state financial strategies.

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SOL traders smash buy ahead of SEC Solana ETF decision: Is $250 back on the table?

SOL traders viewed the recent dip to $190 as an opportunity to buy ahead of the SEC's impending decision on Solana ETFs, expected by October 10. Following this drop, SOL's price surged to $213, marking a nearly 12% increase over three days. Retail traders actively accumulated

Here’s what happened in crypto today

Today in crypto news, Kazakhstan launched its first state-backed crypto reserve in partnership with Binance, marking a significant step into digital assets. The Alem Crypto Fund, initiated by the Ministry of Artificial Intelligence and Digital Development, has BNB as its initial investment. Meanwhile, Polish lawmakers advanced a restrictive Crypto-Asset Market

Kazakhstan Launches State-backed Crypto Fund; Poland Moves to Regulate Digital Assets

Kazakhstan, in partnership with Binance, has launched its first state-backed crypto fund, the Alem Crypto Fund, marking a significant step in the country's embrace of digital assets. The fund's initial asset is BNB, Binance's utility token, although details about the amount purchased remain undisclosed.

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