Mark Uyeda has been appointed as the acting chair of the U.S. Securities and Exchange Commission (SEC) following Gary Gensler's resignation, marking a shift towards a more crypto-friendly regulatory environment. Uyeda is likely to advocate for easing restrictions on the crypto industry, having previously criticized Gensler's stringent policies, particularly around digital asset accounting. As the agency prepares for a permanent chair, the SEC is currently under Republican leadership, potentially impacting future crypto regulations.

According to PANews, Utah State Representative Jordan Teuscher has introduced legislation aimed at establishing a strategic Bitcoin reserve. This initiative reflects a growing interest in integrating cryptocurrency into state-level financial strategies. The proposal underscores the potential role of $BITCOIN in diversifying financial reserves and enhancing economic resilience. Details on the legislative process and potential impacts of this proposal are yet to be disclosed.

TON Foundation offers grants up to $50,000 for projects migrating within 30 days.

"The world is moving to a $BITCOIN standard for money. Any government who holds gold should also hold $BITCOIN as a reserve."