Texas has officially become the first U.S. state to acquire Bitcoin for a government strategic reserve, purchasing $5 million worth of the digital asset on November 20 at roughly $87,000 per BTC. The move was confirmed by Lee Bratcher, president of the Texas Blockchain Council, who said the initial allocation was executed through BlackRock’s iShares Bitcoin Trust (IBIT) while … [Read more...] about Texas becomes first U.S. state to purchase bitcoin for strategic reserve
Japan gears up for crypto surge as firms bet on regulatory easing
Japanese financial firms and crypto exchanges are positioning themselves as Tokyo hints at loosening its rules on digital assets — a move that could reshape one of Asia’s most tightly controlled crypto markets. … [Read more...] about Japan gears up for crypto surge as firms bet on regulatory easing
Senate Democrats, crypto leaders clash over sweeping digital assets bill
Tensions rose during a closed-door meeting Wednesday between Senate Democrats and leading crypto executives as negotiations over a major digital assets bill intensified on Capitol Hill. … [Read more...] about Senate Democrats, crypto leaders clash over sweeping digital assets bill
Binance is nearing a deal to remove DOJ compliance monitoring
Binance, the world's largest cryptocurrency exchange, is in talks with the US Department of Justice to potentially ease a key oversight requirement in its $4.3 billion money laundering settlement. This move is part of a broader trend by the DOJ to reconsider the use of independent monitors for corporations. … [Read more...] about Binance is nearing a deal to remove DOJ compliance monitoring
Texas launches Strategic Bitcoin Reserve
Texas has officially launched its Strategic Bitcoin Reserve , becoming the first U.S. state to commit public funds to Bitcoin with long-term legal protections in place. … [Read more...] about Texas launches Strategic Bitcoin Reserve
Senate clears stablecoin bill, setting foundation for U.S. digital currency market
The U.S. Senate has passed the long-debated GENIUS Act, a bipartisan bill that introduces a comprehensive regulatory framework for stablecoins, signalling a major shift in the country’s approach to crypto payments. … [Read more...] about Senate clears stablecoin bill, setting foundation for U.S. digital currency market
New SEC chairman pledges clearer crypto rules to support innovation
Paul Atkins, the newly appointed chairman of the U.S. Securities and Exchange Commission (SEC), emphasized the need for clear regulatory guidance for the cryptocurrency sector during his first public remarks in office. Speaking at the SEC's crypto roundtable, Atkins criticized previous agency leadership for creating “regulatory uncertainty” that he said had hindered innovation. … [Read more...] about New SEC chairman pledges clearer crypto rules to support innovation
U.S. Justice Department disbands cryptocurrency enforcement team, shifts focus
The U.S. Department of Justice (DOJ) is dismantling its National Cryptocurrency Enforcement Team (NCET), marking a significant policy shift in its approach to regulating the cryptocurrency industry. This change comes as part of the Trump administration’s broader push to recalibrate U.S. regulatory priorities, aligning them with its stance on reducing oversight of the digital … [Read more...] about U.S. Justice Department disbands cryptocurrency enforcement team, shifts focus