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🌙 Pennsylvania House Passes Bitcoin Rights Bill

Pennsylvania House passes Bitcoin Rights Bill with bipartisan support, setting guidelines for digital asset regulation.

Author

Mike Gavela
October 24, 2024

In partnership with

Crypto Roundup - October 24

The crypto industry is facing significant regulatory and development updates. Pennsylvania has taken a progressive step by passing a bill to encourage Bitcoin usage and blockchain development within the state. Meanwhile, Kraken has partnered with Ethereum's Layer 2 scaling solution, Optimism, enhancing its offering to users for faster and cheaper transactions. On a regulatory front, Ripple’s CEO has sharply criticized SEC Chair Gary Gensler, expressing confidence that the current harsh regulatory climate against crypto will eventually end.

Top Stories

  • Pennsylvania passes Bitcoin bill to support blockchain innovation and adoption within the state.

  • Kraken partners with Optimism, bringing faster and cheaper Ethereum Layer 2 transactions to its platform.

  • Ripple CEO criticizes SEC Chair, predicting an end to the regulatory crackdown on crypto.

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TOP STORIES

Pennsylvania House passes Bitcoin Rights Bill ahead of 2024 election

Pennsylvania House passes Bitcoin Rights Bill with bipartisan support, setting guidelines for digital asset regulation.

cryptobriefing.com/pennsylvania-bitcoin-bill-passes

Crypto Exchange Kraken Launching Ethereum Layer-2 Network Ink - Decrypt

Kraken's Ethereum layer-2 network Ink is built on Optimism's OP Stack, the same tech that powers Base, Unichain, and World Chain.

decrypt.co/288038/kraken-ethereum-layer-2-ink-optimism

Gary Gensler’s ‘reign of terror on crypto’ will soon end, says Ripple CEO

Ripple's Brad Garlinghouse said the industry is optimistic of “a more constructive engagement” with the next US administration

www.dlnews.com/articles/regulation/ripple-ceo-says-sec-chair-gensler-terror-on-crypto-will-end

FUNDRAISING

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$GOAT, First Sentient AI Meme, Listed on Binance - "The Defiant"

The cryptocurrency token $GOAT has become the first @pumpdotfun coin to be listed on Binance

thedefiant.io/news/markets/goat-first-sentient-ai-meme-listed-on-binance-6bee6fa0

Bitcoin Mining Difficulty Rises 378%; Ethereum Interoperability Solutions Emerge as CryptoQuant CEO Predicts Bitcoin as Currency by 2030 - "The Defiant"

The cryptocurrency landscape is experiencing significant developments, particularly in the areas of Bitcoin mining and Ethereum's interoperability

thedefiant.io/news/blockchains/bitcoin-mining-difficulty-rises-378-ethereum-interoperability-solutions-emerge-42533031

Solana Blockchain Sees AI Revolution as $SOL Approaches All-Time Highs, Described as Financialized Cocaine - "The Defiant"

The Solana blockchain is experiencing a notable surge in activity and interest, particularly in the context of artificial intelligence (AI) innovation

thedefiant.io/news/blockchains/solana-blockchain-sees-ai-revolution-sol-approaches-all-time-highs-described-f54c0272

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