Vin Bill aims to boost criptocurrency work, education in Visconsin
Trump signs an order to establish strategy reserves Bitcoin
The President Trump signed the order on Thursday to create a Federal Strategic Reserve Bitcoin, signals new federal support to cryptocurrency in general and Bitcoin.
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Could Visconsin become cryptocurrency hubs?
The proposed account of the authority of the State Drak, the Democrat from Milvaukee, announced last week, he announced that last week he placed Visconsin as a leader in financial technology innovation.
Stress Network Innovation Visconsin or victory, Bill, Legislation aims to create a regulatory framework for use and integration of virtual currency such as Bitcoin in the state, and providing consumer protection.
The bill also creates a two-year pilot program for public education on cryptocurries and provide grants for entrepreneurs to establish cryptocurrency.
“This is a literal new boundary of innovation where you can really set companies, entrepreneurs and everyday people to win,” Drake said.
The bill would establish an innovative program of financial services under the Department of Financial Institutions. The program would enable entrepreneurs, companies and financial institutions to test, innovate and conduct mechanisms of products, services or delivery without the need for current licensing, but under approval and supervision of DFIs, for a two-year test period. Entrepreneurs must register to be part of the program and do not have financial crimes in their background.
DFI would oversee a pilot project that would help the company adopt cryptocurstity as a method of payment and help to support Fintech entrepreneurs launch or expand the crypto-related company. The bill assigns two million dollars of grants to achieve these efforts.
“We understand it’s a new question. The industry is very tinted,” Drake said. “I see it as an opportunity for people to just understand what it is.”
Drake has more altruistic reasons to introduce this law. It serves in the Governor Council for financial literacy and noticed that many people of the victims of AI and Krishna fraud, with little regress. These people are deceived in calls from someone pretending to be a cousin in the moss, asking for money to be sent to cryptocurrency.
There are legitimate opportunities for people to invest in Bitcoin or other cryptocurries, but they must be educated on verified and reliable sources to do it, she added. And while there are concerns about the cryptocurrency scam, it is here to stay here.
“Instead of avoiding questions, we should educate people about what it is,” Drake said.
About 14% of Visconsin adult ASS axles osobli criptocurcenci Stand with cryptA group of advocations. And the Pension State System already has millions of dollars Invested in Bitcoin Gearbox or ETF.
Viscoin residents can buy Bitcoin, but there is no clear folder for businesses or individuals to create or innovate using crystophurrency, Christopher perceptions, Vin Bill and Owner Advisor Dvenentno, The educational and consulting firm focuses on cryptocurrency.
The two-year test period for innovative financial companies could be provided that perceptions, creating a kind of “Sandbox” for entrepreneurs to try new products and services.
Drake said people can want to provide a service using Bitcoin, but they don’t know what I can legally can and cannot.
Perception relied on their experience. He wanted to be able to include his job based Bitcoin in Visconsin in Visconsin, but he couldn’t. He went to Vioming instead. Other countries, said, more welcome to this business model. The DFI site, noticed, has a small blurring of the virtual currency, but does not give many guidelines.
“We don’t want the brain outflow to be affected by Visconsin,” they believe that they are perceptions for companies looking for friendly states open to business based on cryptocurrency.
About 40 states have the corresponding legislation in different stages, according to National Conference of State Legislation.
Perception said most Americans invest in digital currency such as Bitcoin Haard. But around the world is used in different ways. This legislation provides a window for people in Visconsin to do the same.
Likewise, said the business owners must be armed with knowledge about cryptocurrency, including how to accept it as a payment.
“They could be on the cutting edge of this, but it should be soft landing,” Perceptions said. “How do we protect consumers as they greet innovation?”
(TagstotRanslate) Cryptocurrency (T) Drake (T) Wisconsin (T) Visconsin (T) Negative (T) Negative (T) Negative (T) Negative (T) \ U0026 (T) \ u0026 (T) Criptocurrenci (T) Cryptocurrenci (T) Total (T) Visconing (T) Visconsin negative
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2025-04-24 13:03:00
