UPDATE: The Senate Banking Committee is expected to hold a confirmation hearing for Fed chair nominee Kevin Warsh as early as the week of April 13, according to Punchbowl.

Arizona lawmakers moved closer this week to creating a strategic Bitcoin reserve. The state's Digital Assets Strategic Reserve Fund bill advanced out of the House Commerce Committee in a 7&3 vote. If enacted, it would allow the state to invest in digital assets such as $BTC, with holdings kept under secure custody.

Canada is proposing legislation aimed at bolstering election integrity that would prohibit political donations made in cryptocurrencies.

Canada is proposing a blanket ban on cryptocurrency donations to political parties, citing concerns about foreign interference. UK officials are also advancing plans that would impose similar restrictions on crypto-linked political giving.

Two exchange-traded funds tied to Injective have been filed by Canary Capital and 21Shares, and the proposals are now under review by the U.S. Securities and Exchange Commission, according to Cointelegraph Decentralization Guardians.

On March 26, 2026, the Government of Canada tabled the proposed Strong and Free Elections Act, a set of amendments to the Canada Elections Act aimed at tightening political financing rules for federal parties, third parties, candidates and donors. The Canada Elections Act is administered by the Chief Electoral Officer and enforced by the Commissioner of Canada Elections. The bill would prohibit parties and third parties from accepting donations in forms deemed difficult to trace, explicitly including cryptocurrency, money orders and prepaid cards. It would also require funding for third-party political activity to come from Canadian citizens or permanent residents, with a limited exception for minimal donations. Beyond donation rules, the draft legislation would strengthen privacy and vendor safeguards around party-held personal data, tighten restrictions on foreign funding channels, and increase administrative monetary penalties to deter illicit financing. The proposal sets maximum fines of up to $25,000 for individuals and $100,000 for organizations. The bill would also extend enforcement reach outside Canada and give the Commissioner of Canada Elections expanded investigative powers to pursue cross-border funding and the misuse of digital tools that could affect electoral integrity.

Canada's Bill C25 would bar cryptocurrency donations across the federal political system, alongside money orders and prepaid cards, effectively shutting a fundraising avenue that has seen virtually no use since crypto donations were first allowed in 2019. The Chief Electoral Officer, who previously leaned toward tighter oversight, is now recommending a full prohibition, pointing to crypto's pseudo-anonymity and the challenges of verifying donor identities. Under the proposal, campaigns would have 30 days to return illegal crypto contributions. Penalties would include fines of up to twice the contribution's value, plus up to $100,000 for corporations. The move comes after the U.K. recently imposed a moratorium on crypto political donations amid concerns about foreign funding.

BNP Paribas has announced the launch of six exchange-traded notes (ETNs) tied to crypto assets, giving investors a way to gain exposure to cryptocurrencies such as Bitcoin and Ethereum without holding the tokens directly. The notes are linked to the performance of the underlying crypto assets, issued by a number of well-known asset managers, and structured to comply with the MiFID II regulatory framework aimed at strengthening investor protections. The ETNs will be available for subscription in France from March 30, 2026, for retail clients, entrepreneurs and private banking customers, with a phased rollout planned for additional wealth-management client segments.