Tangem Wallet Pack of 2 - Secure Crypto Wallet - Trusted Cold Storage for Bitcoin, Ethereum, NFT's &

Tangem Wallet Pack of 2 - Secure Crypto Wallet - Trusted Cold Storage for Bitcoin, Ethereum, NFT's &
Key item features Ultimate Security: Generates a private key that remains on the card, safeguarding crypto and NFTs from hackers with EAL6+ certification and audited firmware. Versatile Compatibility: Manages over 13,000 tokens across 70+ blockchains, supporting DeFi, NFTs, and DeEx without wires, Bluetooth, or USB. Effortless Operation: Utilizes NFC for secure transactions via a mobile device and the Tangem app, enabling buying and selling crypto with various payment methods. Smart Backup: Features a second Tangem Wallet as a backup, eliminating the need for paper, pictures, or seed phrases for recovery. Durable Design: Boasts IP68 protection against environmental conditions, ensuring longevity and robust physical security. Comprehensive Support: Compatible with Bitcoin, Ethereum, Solana, XRP, USDT, and over 6,000 cryptocurrencies, integrating with dApps and WalletConnect.

LBANK

LBANK

No Crypto In Office? Pennsylvania Lawmakers Push New Ban

According to reports, a Pennsylvania Democratic lawmaker on Aug. 20 filed a bill that would tighten rules around elected officials and cryptocurrency. Rep. Ben Waxman of District 182 introduced House Bill 1812 with eight Democratic co-sponsors.

The measure would bar public officials from profiting from crypto while they hold office, and it carries clear penalties for violations.

Who The Bill Would Cover

If enacted, HB1812 would change Title 65 of the Pennsylvania Consolidated Statutes. It would forbid public officials and their families from making crypto-related transactions over $1,000 while in office and for one year after leaving.

Officials who already hold crypto would have to divest within 90 days of the law taking effect. Penalties include fines up to $50,000 and, in serious cases, prison terms of up to five years.

The bill now sits in the Pennsylvania House and must clear committee review before a full floor vote.

The Move Ties To High-Profile Crypto Activity

Based on reports, Waxman framed the bill as a response to high-profile crypto ties at the federal level. He singled out US President Donald Trump, saying the president’s growing crypto ventures — from memecoins tied to his name to projects under World Liberty Financial — raise ethical concerns.

Critics in Waxman’s camp argue these ventures can blur the line between public duty and private gain. Allegations have circulated that the Official Trump token and related projects cost investors large sums, and those claims have helped fuel calls for tighter rules.

Federal Proposals Mirror State Effort

Democratic lawmakers in Congress have floated similar ideas, including the Stop TRUMP in Crypto Act and the COIN Act.

Those bills would bar the president, vice president, members of Congress, and their families from issuing or promoting tokens while in office.

Reports disclose that figures like Rep. Maxine Waters have warned that tokens tied to political figures could be used by foreign actors to influence or exploit markets.

That warning has been part of the broader push to add guardrails around digital currency and public office.

What Supporters And Critics Say

Supporters of HB1812 say the measure is a straightforward ethics rule: no public servant should enrich themselves through crypto schemes while in office.

They argue the sector’s volatility and light regulation make it especially prone to abuse.

Opponents are likely to call the bill overly broad or say it could chill private investment by public servants, though formal Republican responses to the bill were not detailed in the initial filing.

Featured image from Unsplash, chart from TradingView



from Bitcoinist.com https://ift.tt/0w6EOtF
via IFTTT

Popular posts from this blog

Crypto Exec Warns Tokenization Is Moving Faster Than Expected

Image
According to a post shared on X by Keith Grossman, president of crypto payments firm MoonPay, finance is heading toward an onchain future that could unfold over several years. The view comes as large banks and asset managers begin product tokenization, a move that once seemed extreme but is now being treated as a practical step by major institutions. Regulatory Signals Push Institutions Forward Based on reports cited by Grossman, progress has accelerated because rules are becoming clearer. Legislative efforts, regulatory guidance, bank involvement and accounting standards are starting to line up. That combination reduces uncertainty, which is often what slows large pools of capital. BlackRock has already launched tokenized funds, while Franklin Templeton is running tokenized money market funds on public blockchains. Those actions suggest that tokenization is no longer confined to pilot labs or internal trials. It is being used with real assets and real clients. Bank of Ameri...
Read more

Bitcoin Mining Could Be Strengthening The Ruble, Russian Central Bank Says

Image
Bitcoin mining may be providing incremental support to the Russian ruble, Central Bank Governor Elvira Nabiullina said, while cautioning that the effect is difficult to measure because much of the sector still operates in a legal and reporting gray zone. Bitcoin Mining May Support The Ruble Responding to a question at a press conference, Nabiullina said it is “probably difficult to quantify” mining’s influence “because a significant part of mining is still in a gray area.” Still, she added that mining is “indeed one of the additional factors contributing to the strong ruble exchange rate.” As Russian business news portal for RBC reported , her remarks come as Russian officials increasingly frame mining and crypto flows as macro-relevant, not just a niche tech or energy story. Earlier, Maxim Oreshkin, deputy head of the presidential administration, said ruble forecasts have been thrown off by the underestimation of financial flows tied to mining and cryptocurrency. In his view, the s...
Read more

Nigerian SEC Partners With Police To Tackle Crypto Ponzi Schemes – Details

Image
The Nigerian Securities and Exchange Commission (SEC) is maintaining an intense focus on the local cryptocurrency industry, as indicated by recent developments. While introducing minimum capital requirements for previously unregulated virtual asset service providers (VASPs), the securities regulator has also formed an alliance with the Nigeria Police Force (NPF) against cryptocurrency fraud, among other illegal operations. Nigerian SEC Looks To Improve Crypto Investors’ Protection According to local media Voice of Nigeria , the SEC is ramping up efforts aimed at investor protection and transparent market operations in the crypto ecosystem. In a recent meeting with the NPF, the Commission’s Director-General (DG), Dr. Emomotimi Agama, communicated to the Inspector General of Police (IGP), Kayode Egbetokun, concerns over malicious actors in the financial markets who exploit investors’ trust for personal gains.  Dr. Agama said: They cloak their deceit in the glamorous but misunder...
Read more