PANews reported on September 25th that according to Decrypt, Plasma confirmed that all users who participated in the pre-deposit program received $8,390 worth of XPL tokens, even if they ultimately did not actually purchase XPL through the ICO. Plasma stated that within three hours of the mainnet beta launch, half of the ICO participants had already claimed their tokens. Plasma allocated a total of 25 million tokens to all pre-depositors, which will be distributed evenly among all depositors. This means that whether depositing $1 or $10,000, the additional rewards received are the same.
Plasma's mainnet beta launch coincided with the launch of its TGE token and its stablecoin-native digital bank, Plasma One, this week. The digital bank's card will use the Plasma blockchain as a payment rail and boast 4% cashback on purchases. Plasma executives stated that this launch is the first step forward, with more planned for the future.


                                                                               Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week.                     Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more
