Author: Cointelegraph By Martin Young

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US consumer finance watchdog sued for treating digital wallets like banks

The new December ruling from the US Consumer Financial Protection Bureau impacts payment apps and digital wallets offered by large non-bank companies. Source link

Arkansas lawmakers float bill to ban crypto mining near military facilities

The bill restricts crypto mining within a 30-mile radius of military bases, camps, hospitals, clinics and arsenals. Source link

Texas kicks off 89th legislative session with new strategic Bitcoin reserve bill

If passed and signed into law, “it would make Texas the first state to establish a strategic Bitcoin reserve,” says Senator Charles Schwertner. Source link

Crypto advocate Tom Emmer named vice chair of crypto and AI subcommittee

“With Gary Gensler confined to the waste bin of Washington, we have an excellent opportunity to ensure that the future of digital assets is guided by Americans,” said Emmer. Source link

Binance to face class action after US Supreme Court denies petition for review

The Supreme Court has denied a petition to review a lower court decision that securities laws applied to Binance. Source link

Bitcoin January slump nothing new in ‘post-halving years’ — Analysts

Bitcoin has fallen 10% so far this month but analysts say it has fallen between 25% and 30% in the month of January in past post-halving markets. Source link

Trump’s inauguration nears, but crypto promises could ‘take some time’ — NYDIG

Donald Trump’s inauguration is just a week away, but key crypto legislation may take a bit longer to come into effect, cautioned NYDIG. Source link

Crypto headed for ‘Banana Singularity’ where everything goes up: Analyst

Real Vision CEO Raoul Pal says the next phase of the Banana Zone will be an altcoin season “when everything goes up” followed by a bigger consolidation. Source link

Oklahoma senator introduces Bitcoin Freedom Act for BTC payments

“If Washington D.C. can ruin something, it likely will. And it is certainly ruining the US Dollar,” said Senator Deevers after introducing the bill. Source link

Nation-state Bitcoin adoption to drive crypto growth in 2025: Fidelity

Fidelity Digital Assets research analyst Matt Hogan said not making any Bitcoin allocation could become more of a risk to nations than making one. Source link