ECB member Joachim Nagel stressed the importance of integrating DLT for central banks as physical money loses its appeal.
Block was one of the first public companies to integrate Bitcoin into its balance sheet, a move noted by the firm's co-founder, Jack Dorsey.
Rostin Behnam did not specify whether the CFTC or Securities and Exchange Commission (SEC) would lead the enforcement actions.
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The announcement came hours after Jack Dorsey responded with a succinct "no" to a query on X about whether he was still on Bluesky's board.
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