Gate News bot message, Connecticut Governor Ned Lamont signed HB7082 into law on July 1. The law prohibits state and local governments from accepting, holding, or investing in any virtual currency. The bill amends the regulations on currency transmission and introduces new requirements for digital wallet and virtual currency trading companies: companies must maintain a 1:

Odaily News Bitcoin Laws published on X platform disclosed that Connecticut Governor Ned Lamont has officially signed the state's "Bitcoin Reserve Ban". Connecticut is now prohibited from accepting, holding, or investing in digital assets.

Odaily Planet Daily News: Before Trump officially took office as the President of the United States, BTC reached a new all-time high. Traders are optimistic that Trump will introduce policies that support digital assets. In a report, strategist from Ned Davis Research said, 'Cryptocurrency investors have several things to look forward to in the coming weeks, including a crypto-friendly government and a strong seasonal performance of BTC in February.' BTC briefly surged to nearly 10.9.

U.S. inflation data has been full of ups and downs over the past three years, but one thing seems to be traceable in history – the overall trend of inflation is almost exactly the same as it did between 1966 and 1982. Alejandra Grindal, chief economist at Florida-based Ned Davis Research Inc, and research analyst London Stockton said the year-over-year chart of CPI shows that headline inflation in the U.S. is "very similar" to the trajectory of inflation more than four decades ago. Grindal and Stockton said in a note on Friday that while they don't expect inflation to retouch their 2022 highs, "this does not mean that inflation is headed for a clear downward path, as both short-term and long-term risks coexist."