[이번주 놓친 세계 코인 이슈] US state of Pennsylvania proposes bill to adopt Bitcoin as strategic reserve asset Other: Coin Leaders

This week, the prospect of realizing the cryptocurrency support policy proposed by Donald Trump during his campaign and the Trump administration’s plans related to personnel appointments became issues in the cryptocurrency industry and around the world. In addition, the news of virtual asset exchange Bitget’s resumption of UK service operations also became a hot topic among local investors.

The main issues related to cryptocurrency that have been reported over the past week are as follows.

Pennsylvania proposes bill to introduce Bitcoin strategic reserve asset… Review of allowing 10% retention

Multiple foreign media outlets, including Cointelegraph and Fox News, reported on the 14th ( local time) reported.

Representative Cavell stated in an internal document dated November 12 that this bill contains the purpose of using Bitcoin as a means of protecting against inflation, and argued that “Bitcoin can provide stability in uncertain economic situations.” In addition, he mentioned that large investment institutions such as BlackRock and Fidelity are choosing Bitcoin as an asset to prepare for economic uncertainty, and explained that the state government is also taking this into account and trying to introduce Bitcoin.

If Rep. Cavell’s motion passes, up to 10% of the assets of Pennsylvania’s State General Fund, Rainy Day Fund, and State Investment Fund will be able to be invested in Bitcoin. .

Meanwhile, the Pennsylvania State Treasury disclosed that the state’s current total fund is about $9.7 billion and its emergency reserve fund is about $7 billion.

Trump Nominates Bitcoin Supporter to Be Next Attorney General

On November 13 (local time), Donald Trump nominated Representative Matt Gaetz, a known Bitcoin supporter, as Attorney General. At the same time, Representative Gaetz immediately resigned from his position in the House of Representatives. As Gaetz, known as a cryptocurrency supporter, assumes the position of Attorney General, there is a possibility that policies to ease cryptocurrency regulations and encourage digital asset innovation will be introduced in the future.

According to Cointelegraph, Gaetz, a Florida lawmaker, previously proposed a bill to allow the Internal Revenue Service (IRS) to pay taxes with Bitcoin.

In addition, he participated in legislative activities related to the integration of digital assets in the United States and actively promoted measures to integrate digital assets into the financial system by supporting the ’21st Century Financial Innovation and Technology Act (FIT21)’.

Bitget relaunches application in UK after complying with local regulations

Cointelegraph, a cryptocurrency media outlet, reported that virtual asset exchange Bitget completed compliance with the UK’s Financial Promotion Regulations (FinProm) and resumed application services in the UK on November 12 (local time).

Bitget restricted site access in the UK last May, but resumed service operations after reorganizing the website to comply with regulations. BitGet said, “In line with new financial promotion regulations, we have temporarily suspended the inflow of new customers from the UK and reorganized our website.”

Ahead of the re-launch of its UK service, Bitget completed the review and approval process by Archax, an independent financial promotion review agency, under the approval of the UK Financial Conduct Authority (FCA). This gives BitGet’s UK users back access to a variety of digital asset services, including cryptocurrency trading and tokenized assets.