Transaction URL: https://bithomp.com/explorer/6059CA991D00DD5B97B26BE37E8F99E339BC4BF23E5052A8F2FA858710248EA7
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North Carolina lawmakers have taken a significant step towards integrating digital assets into the state’s economic framework with the introduction of the Digital Asset Freedom Act. Filed by Representative Neal Jackson H.B. 920 aims to recognize digital assets as a legitimate medium for tax payments and other transactions. The bill asserts that transactions utilizing digital assets should not be denied legal status based solely on their digital nature.
The proposed legislation sets strict criteria for digital assets to ensure stability and security. To be eligible digital assets must possess a minimum market capitalization of $750 billion and a daily trading volume above $10 billion along with a minimum ten-year track record of operation in an open market. These requirements aim to guarantee liquidity market depth and a robust resistance to censorship.
By endorsing the Digital Asset Freedom Act North Carolina aligns with the growing national interest in cryptocurrencies under the leadership of the pro-crypto President Donald Trump. This move adds to a series of crypto-focused legislative efforts in the state reflecting a strong push towards adopting and normalizing the use of cryptocurrencies in various state-level financial operations.
New York Attorney General Letitia James is urging Congress to pass federal crypto regulations that could unlock long-term growth and trust in the digital asset space. In a letter sent April 10 she said clear national rules would protect investors support innovation and strengthen U.S. leadership in financial technology.
James emphasized that proper oversight can boost confidence in crypto markets by reducing scams and eliminating bad actors. She believes federal regulation would bring much-needed transparency price clarity and accountability making it easier for legitimate companies to thrive and expand responsibly.
Her proposals include stronger standards for stablecoin issuers mandatory compliance for platforms and protections for retirement accounts. By closing regulatory gaps James argues the U.S. can build a safer crypto environment that supports innovation without compromising security. With digital assets becoming a permanent part of global finance she says now is the time to act and lay the groundwork for a more stable future.
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More than a half decade into DeFi, the sector is still somewhat of a wild west beset by elevated risk, unpredictable yields and the occasional crisis. Mary Gooneratne, co-founder of Solana DeFi startup Loopscale, wants to give blockchain borrow-lend a facelift.
“A lot of those [existing DeFi] architectures were designed kind of as a function of Ethereum’s constraints,” Gooneratne said in an interview.
Lightspeed has learned exclusively that Loopscale is opening its protocol to the public today, marking the end of its closed beta phase.
Loopscale’s distinguishing feature is its…
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World Liberty Financial, the Trump family-backed crypto venture, has rejected claims that it sold millions in Ethereum ETH/USD this week during ongoing market instability.
What Happened: Responding to reports that the platform offloaded over $8 million in ETH at a steep loss, a spokesperson for the project told Decrypt that such allegations are “wholly inaccurate” and that the firm “has not sold any positions as currently reported.”
The controversy stems from data circulated by Arkham Intelligence, which flagged a wallet that sold 5,471 ETH on Wednesday, coinciding with heavy crypto market losses tied to President Trump’s unpredictable tariff announcements.
Arkham’s CEO, Miguel…
Read more on Benzinga
Edited by Tommy Marcheschi
It’s happening! Everything we’ve fought for and more; Ross Ulbricht is free and he is coming to Bitcoin 2025! Bring your “Free Ross Day One” t-shirts to Vegas because he will be in attendance at the conference for the first time as a free man, in less than two months.
“Freedom is the emancipation from the arbitrary rule of other men.” —Mortimer Adler
Freedom means a lot to us bitcoiners, so when Silk Road founder Ross Ulbricht, a freedom fighter and a Bitcoin pioneer, was given two life sentences + 40 years with no option for parole, hearts and hopes sank.
All around the world we have advocated and fought for Ross’ freedom. From petitions…
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While attending the MIT Bitcoin Expo this past weekend, I was afforded the opportunity to sit down with Timothy Massad, Research Fellow at the Kennedy School of Government at Harvard University and former Chairman of the U.S. Commodities and Futures Trading Commission (CFTC).
Massad served as the head of the CFTC from 2014 to 2017, and it was under his leadership that bitcoin was classified as a commodity.
In recent years, Massad has shared his thoughts on what regulation around bitcoin and digital assets should look like. He’s appeared on Bloomberg to discuss the matter, and he recently testified at the first Senate Banking Subcommittee hearing on Digital Assets.
Massad considers…
Read more on BitcoinMagazine