Pennsylvania House Introduces Bill to Hold Bitcoin as Reserve Asset on State Balance Sheet

Pennsylvania State Representative Mike Cabell has introduced a bill in the keystone state’s House of Representatives which would see up to 10 percent of the state’s funds comprised of Bitcoin, reports emerged Thursday, November 14. The move comes as the Satoshi Nakamoto-created token’s value soared to new heights this week, surpassing $93,000 on Wednesday.
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Ex-CFTC Chair Giancarlo Denies Interest in SEC Role, Says He Already “Cleaned Up Gensler’s Mess”

Former CFTC Chair Chris Giancarlo, known as “Crypto Dad,” has denied interest in replacing SEC Chair Gary Gensler, stating he already “cleaned up Gensler’s mess” at the CFTC and dismissing rumors of a Treasury role.
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