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Browsing Category
Regulations
Texas could potentially invest up to $2.1B in Bitcoin if it allocates 10% of its treasury fund
Texas Governor Greg Abbott signed the “Bitcoin Reserve Bill” SB 21 into law on June 21, allowing the state to invest an unlimited amount of money from the state’s fund into Bitcoin (BTC).SB 21 creates the Texas Strategic Bitcoin Reserve…
Texas to buy Bitcoin for state reserves long before Trump’s Bitcoin reserve delivers
Texas is now legally empowered to build its own Bitcoin reserve funded with taxpayer dollars before the federal government takes any comparable action.Governor Greg Abbott on Saturday signed Senate Bill 21, a law that explicitly allows…
Coinbase makes history with EU-wide crypto license under MiCA
Coinbase, the largest US-based exchange, has taken a major step in its global expansion by securing approval under the European Union’s Markets in Crypto-Assets (MiCA) regulation, according to a June 20 statement.The exchange confirmed…
Norway eyes crypto mining ban amid local firms’ heavy investments in Bitcoin
Norway is reportedly planning to introduce a temporary ban on the development of new data centres linked to crypto mining, Reuters reported on June 20.According to the report, the government is expected to implement the restrictions…
Why Ripple thinks London can become the main crypto powerhouse in the west
When Ripple unveiled its four-point policy blueprint in London this week, the message was unmistakable: if the UK wants to lead in crypto, the time to act is now.Unfolding against a backdrop of draft legislation and shifting global…
Arizona revives bid for seized crypto reserve fund through House Bill 2324
Arizona lawmakers are revisiting a previously rejected bill that would allow the state to manage a reserve fund built from seized cryptocurrencies.House Bill 2324 failed in an earlier House vote but is back in motion following a narrow…
South Korea moves closer to spot Bitcoin ETFs as FSC explores proposal
South Korea’s top financial regulator is working on a detailed roadmap to support the launch of digital asset spot exchange-traded funds.According to a June 19 report by Herald Economy, the Financial Services Commission revealed the move…
Circle stock leaps to $200 record after 34% daily gain
Circle’s CRCL shares climbed 34% and closed at $199.59 on June 18 after registering a new all-time high at $200.90.The new price peak is roughly 6.5x the company’s initial public offering price of $31 set on June 5.The price leap came…
US Senate approves landmark GENIUS Act for stablecoin regulation
The Senate approved the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in a 51-23 vote on June 17, sending the measure to the House for consideration.The vote followed a 68-30 cloture decision on June 11…
Treasury Secretary Bessent says stablecoins are debt relief engine as Senate readies to vote on…
Treasury Secretary Scott Bessent stated on June 17 that stablecoins could cut federal borrowing costs and slow debt growth if Congress sends the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act to the…
