A high-stakes legislative battle is unfolding in Washington and Tallahassee this week as the United States moves closer to treating Bitcoin as a legitimate sovereign reserve asset.
The most significant news of the week is the accelerating momentum of Senate Bill S.954, better known as the BITCOIN Act of 2025 (Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide).
SGX Derivatives, the derivatives arm of the Singapore Exchange Group, announced the launch of Bitcoin and Ethereum perpetual futures contracts on November 19, 2025.