Quick breakdown Wisconsin’s Assembly Bill 471 seeks to exempt crypto mining, staking, and blockchain development from money transmitter licencing. The bill also safeguards the right to use self-hosted wallets and accept digital assets for payments. It faces hurdles, with only 25% legislative progress and several stages left for approval. ...
The State of Wisconsin Investment Board (SWIB) has exited its position in BlackRock’s iShares Bitcoin Trust (IBIT), pulling back from spot Bitcoin ETFs just one quarter after becoming one of the first state-run pension funds to invest in them. A May 15 filing with the U.S. Securities and Exchange Commission ...
The Wisconsin Department of Financial Institutions (DFI) has launched a publicly accessible tracker to combat cryptocurrency and other investment scams. This initiative, according to the agency, comes in response to nearly $3.55 million lost by Wisconsinites to financial grooming and cryptocurrency fraud between January 2022 and June 2024. While the ...
