Nearly a dozen candidates across three US states won their primaries or will advance to the November election after they were supported by $3.5 million in ads funded by crypto industry-aligned PACs.
Scott Bessent said that the Treasury Department was “proceeding with all deliberate speed” on President Donald Trump’s 2025 executive order to establish a strategic Bitcoin reserve and digital asset stockpile.
Reuters reported that Revolut plans to integrate stablecoins into its future US bank as more fintech and crypto companies chase federal banking approvals.
Wyoming Governor Mark Gordon signed an executive order supporting AI data center development as the state seeks to attract advanced computing and technology investment.
Authorities around the world have been heavily targeting scam infrastructure this year, with joint actions involving the US, UAE, China, Austria and Albania.
After expecting billions of dollars worth of crypto holdings to be reported during a voluntary disclosure period, the country’s tax office said only 58 filers took advantage of the procedure.