Because the U.S. federal authorities — performing via its Securities and Alternate Fee — continues to valiantly shield buyers and the general public curiosity from the grave risks of a spot exchange-traded fund, one main American metropolis after one other start embracing or at the least exploring the potential of crypto and blockchain know-how to enhance varied facets of metropolis finance, administration and residents’ financial well-being. Following the lead of Miami, New York, Tampa and Jackson, Tennessee, it’s now Philadelphia that’s wanting into the methods to implement blockchain options in metropolis authorities.

The hope is {that a} collection of metropolis governments’ profitable ventures into the crypto house will ultimately make the federal authorities undertake a extra “municipal” perspective.

Spot Bitcoin ETF denied

Commissioner Crenshaw on DeFi

CBDC watch