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
EU warns of financial stability risks from growing cryptocurrency sector
The European Securities and Markets Authority (ESMA) has issued a cautionary statement regarding the potential risks cryptocurrencies pose to financial stability as their market ties with traditional financial systems increase. Although the crypto market remains relatively small, ESMA’s warning highlights concerns that significant growth and integration with established … [Read more...] about EU warns of financial stability risks from growing cryptocurrency sector
Trump unveils U.S. crypto reserve, sending XRP, SOL, and ADA soaring
President Donald Trump announced the inclusion of XRP (Ripple), SOL (Solana), and ADA (Cardano) in a new U.S. Crypto Strategic Reserve, triggering a surge in their market value. The announcement, made on March 2, 2025, via social media, follows an executive order signed in January aimed at solidifying the country’s position as a leader in digital assets. … [Read more...] about Trump unveils U.S. crypto reserve, sending XRP, SOL, and ADA soaring
Swiss central bank rejects Bitcoin as reserve asset, citing volatility
The Swiss National Bank (SNB) has no plans to hold Bitcoin as a reserve asset, according to its president, Martin Schlegel. Speaking on March 1, 2025, Schlegel dismissed the idea of incorporating the world’s largest cryptocurrency into Switzerland’s official reserves, citing concerns over volatility and its lack of suitability (stability, liquidity, and security) as a monetary … [Read more...] about Swiss central bank rejects Bitcoin as reserve asset, citing volatility
Trump administration floats bitcoin as part of U.S. sovereign wealth fund
The United States may soon place bitcoin at the center of its financial strategy, with President Donald Trump’s administration considering its inclusion in a potential sovereign wealth fund. Brian Sacks, Trump’s crypto advisor, recently unveiled this proposal, highlighting bitcoin’s potential as a strategic reserve asset to strengthen America’s financial leadership. … [Read more...] about Trump administration floats bitcoin as part of U.S. sovereign wealth fund