This episode covers significant developments in the crypto world, including calls for the Basel Committee to reconsider crypto rules, Bitcoin Suisse's regulatory approval in Abu Dhabi, and Michigan's bold crypto legislation proposals. We also discuss Hong Kong's new stablecoin legislation and the U.S. Senate's progress on the GENIUS Act, a stablecoin framework.

Sources:

https://www.ledgerinsights.com/iif-icma-trade-bodies-urge-basel-committee-to-reconsider-crypto-rules/

https://www.coinspeaker.com/bitcoin-suisse-bags-regulatory-approval-in-abu-dhabi-expansion-move/

https://www.cryptoninjas.net/news/michigan-proposes-bold-crypto-legislation-bitcoin-pensions-cbdc-ban-and-mining-incentives/

https://www.ledgerinsights.com/hong-kong-passes-stablecoin-legislation/

https://bitcoinist.com/sec-playing-regulatory-jenga-commissioner-crenshaw-slams-agencys-new-crypto-approach/

https://www.chainalysis.com/blog/senate-advances-genius-stablecoin-act/