ellaar8aim

@ellaar8aim

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The draft legislation would prohibit a broad range of public officials and related persons from issuing, sponsoring or endorsing any security, commodity or digital asset.

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Independent RIAs were among the first institutional adopters of BTC and ETH ETFs, which US regulators approved in 2024.

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“It’s still taxpayer money, and we’re responsible for it, and we need to protect it,” State Representative Steven Kelly said during Montana’s Feb. 22 House Floor Session, adding that “these types of investments are way too risky.”

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https://warpcast.com/jodie7jen/0x101d1df8

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https://warpcast.com/ellalo4bel/0x4e37ed80

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A judge will be assigned to the case, or it will be referred to a prosecutor for further investigation on Feb. 17, according to the Associated Press report.

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“Within this illicit association, the crime of fraud was committed, in which the president’s actions were essential,” Baldiviezo said.

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“Trump’s signaling to the sector is likely to boost the industry globally,” Guilherme Rebane, partner at digital asset trading firm Nonco, told Cointelegraph.

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The trio, all in the early stages of their presidential terms across the Americas, have positioned themselves as perhaps crypto’s biggest political champions, sparking hopes of unprecedented government support and possibly heralding a new, friendlier posture toward the industry that could have far-reaching implications at a global scale.

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Bitcoin seems poised for further adoption in 2025, fueled by bullish cycle top predictions ranging from $160,000 to above $180,000, according to asset management giant VanEck.

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While 2024 was considered a significant year for crypto adoption, market analysts are expecting another year of upside for Bitcoin’s price.

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Other notable adoption milestones include the US Bitcoin exchange-traded funds surpassing 27% in institutional ownership, major Swiss bank ZKB launching Bitcoin trading offerings and the German government selling Bitcoin, netting over $2.8 billion in profit.

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Brazil is the second-largest Latin American country, having received over $90.3 billion worth of value through cryptocurrency in 2024, according to an Oct. 9 Chainalysis report.

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El Salvador and Argentina aren’t the only significant crypto adopters in the Latam region. Four of the top 20 countries in terms of global crypto adoption are from Latin America, namely Brazil, Mexico, Venezuela and Argentina.

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The Bhutan government-labeled wallet held over $1.1 billion worth of BTC as of Dec. 14, according to Arkham Intelligence data.

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Other notable Bitcoin adoption stories include September revelations that Bhutan’s government has been mining and holding BTC for over five years.

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The partnership may also inspire neighboring countries to adopt more crypto-friendly policies, which would encourage broader investor participation, added Lee.

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The partnership marks a significant milestone for Bitcoin adoption in Latin America, according to Ryan Lee, chief analyst at Bitget Research, who told Cointelegraph:

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Speaking to Cointelegraph, Reyes said Argentina’s robust and innovative blockchain industry and El Salvador’s technological expertise will “create a highly productive partnership.”

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Regulated digital asset custodians are proliferating in the US. In September, BitGo, a US crypto custodian, launched a regulated platform designed to custody and manage native tokens for Web3 protocols.

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