📰 Fresh crypto news that may impact the market
1. The British FCA proposes to relax rules for crypto companies
The regulator wants to exclude crypto firms from a number of standard requirements inherent to traditional financial institutions — including "honesty, experience, and care for the client." This is part of an effort to make the jurisdiction more attractive for business.
2. The USA may create a strategic bitcoin reserve
A bill is being discussed that would allow the government to purchase up to 1 million BTC over 5 years and hold them without sales ("digital Fort Knox"). This is a serious step in recognizing BTC as an element of national strategy.
3. New stablecoin USAT from Tether in the USA
Tether plans to launch a "domestic" (U.S.-oriented) stablecoin USAT, compliant with the GENIUS law. This could enhance competition among stablecoins and change the balance of power in the segment.
4. Bahrain strengthens legal regulation of cryptocurrencies and stablecoins
A comprehensive law has been adopted, providing clarity on regulations, especially regarding the use of stablecoins, and enhancing the security of trading and digital operations.
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