New York State Senator James Sanders Jr has launched a proposal to establish the New York State Cryptocurrency and Blockchain Research Task Force to provide information to the Governor and Legislature on the widespread use of cryptocurrencies and other forms of digital currency and their ancillary systems, including but not limited to blockchain technology.
The nomination of digital asset-friendly Paul Atkins as SEC chairperson provides the ultimate impetus Bitcoin needs to break through the 100,000, analysts led by Alex Saunders wrote in a report published Thursday by Citibank. Bitcoin continues to be underpinned by ETF funding and other purchasing power as adoption grows. But counterfeit products could benefit more from looser regulatory environments,...