A group of nine Senate Democrats just yanked their support from the GOP‑backed Genius Act stablecoin bill, arguing it still lacks strict anti-money-laundering and conflict‑of‑interest safeguards. Their revolt coincides with the new End Crypto Corruption Act from Democratic Senators, which would ban presidents, lawmakers, and close relatives from issuing or promoting digital assets. Republican leaders say they’ll press ahead with a floor vote on GENIUS later this week, but passage now might hinge on a compromise.
New Hampshire Wins The BSR Race
New Hampshire just became the first U.S. state to pass a law establishing a strategic Bitcoin reserve (see the state tracker here). Under the new law, the state treasurer is authorized to allocate up to 5% of total state funds into BTC or any digital asset with a market capitalization of at least $500 billion. The legislation, HB 302, will take effect in 60 days.
Stock-For-Sats: Strive Unveils First Public BTC Treasury Manager
Vivek Ramaswamy's Strive Asset Management announced today that it will combine with publicly traded, Asset Entities (ASST), to form the first publicly traded asset management BTC treasury company – an approach that goes beyond MicroStrategy’s simpler raise debt, buy BTC model. While details are still sparse, ASST spiked more than 270% on the news.
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SDNY Withholding Of Evidence Undermines Charges Against Samourai Wallet (Bitcoin Mag)
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