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-Amid Security Concerns U.S. Republican Congressman Zachary Nunn is calling for a federal Bitcoin mining security review targeting major hardware manufacturers Bitmain and Cango Inc. The request, driven by potential national security risks, focuses on the companies’ expanding operations and complex ownership structures within the United States. Company Responses Bitmain rejected rumors of acquiring Cango, calling…
The United States is accelerating its approach to digital asset regulation under new leadership. Patrick Witt, U.S. President Donald Trump’s newly appointed cryptocurrency affairs leader, has pledged to fast-track the nation’s US cryptocurrency policy framework. Witt aims to build on his predecessor’s work by urgently pushing lawmakers to finalize clear regulations and pass critical stablecoin legislation. Key…