Arizona, Texas, Utah: The Crypto Cowboys of the USA 🤠

So, who’s leading the crypto wild west? Arizona, Texas, and Utah, of course! 🤠 These states are not just riding the crypto wave; they’re surfing it with a side of barbecue and cactus juice. As the US gears up for “Crypto Week,” it’s like the Wild West all over again, but this time with digital dollars and decentralized dreams.

According to the Tokenized in America report by Chainlink and the Blockchain Association, these states are the real deal when it comes to blockchain policy. They’re the trailblazers, the pioneers, the ones who aren’t afraid to stake their claim in the digital frontier.

The report graded these states on their government-led blockchain pilots, pro-crypto task forces, congressional support, blockchain workforce, Bitcoin (BTC) reserve initiatives, and whether they’re part of the North American Blockchain Association (NABA). It’s like a crypto Olympics, but with more coding and less running.

“Texas, Arizona, and Utah earned Trailblazer status for their strength in both policy and ecosystem development,” the report noted, adding that other states like North Carolina, California, New Hampshire, and Wyoming are also showing some serious crypto hustle. 🏆

“With so much happening at the federal level, we can’t ignore the state-level hustle,” wrote Adam Minehardt, head of policy for Chainlink Labs. “Tokenized in America is like a spotlight on the states, showing us the opportunities and challenges ahead. It’s like a crypto treasure map, but with more data and less pirates.” 🗺️

At least 50% of US states have strong congressional support for blockchain policy, while 36% have a pro-crypto task force. Over 22% have active blockchain pilot programs, and 16% are either holding or pursuing a strategic Bitcoin reserve. It’s like a crypto gold rush, but with more coding and less pickaxes. 🛠️

US Crypto Week: The Week That Could Change Everything 🌟

The regulatory scorecard was released during a pivotal week for blockchain regulation, dubbed “Crypto Week” by the US government. It’s like the Super Bowl of crypto, but with more legislation and less touchdown dances. 🏈

“This week marks a turning point, with several bills expected to pass that will provide much-needed clarity for the industry,” said Farzam Ehsani, co-founder of crypto trading platform VALR. “Last year, this was as likely as a unicorn riding a rainbow. Times are changing, and fast.” 🦄🌈

US lawmakers are pushing three key cryptocurrency bills: the GENIUS Act, the CLARITY Act, and the Anti-CBDC Surveillance State Act. The CLARITY Act, while not perfect, could help the US become a global leader in digital asset policy. It’s like giving the industry a roadmap, but with more blockchain and less paper. 📜

Read More

2025-07-16 12:43