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Search Results for: crypto adoption

The Blockchain Group to Raise $340M for Bitcoin Treasury Expansion

Paris-based crypto firm, The Blockchain Group, announced that it intends to raise €300 million (approximately $342 million) in order to increase its Bitcoin treasury holdings. The raising begins to stand out as another step in the growing trends of institutional crypto adoption in Europe, while it further carves its identity

June 9, 2025 2 mins read

JPMorgan to Accept Bitcoin ETFs as Loan Collateral Globally

In a major milestone for institutional crypto adoption, JPMorgan Chase is now offering financing to clients using spot Bitcoin exchange-traded funds (ETFs) such as BlackRock’s iShares Bitcoin Trust (IBIT) as collateral. This shift, reported by Bloomberg on June 4, 2025, signals growing acceptance of regulated crypto investment vehicles in traditional

June 5, 2025 2 mins read

CAR President Approves Tokenizing Land With $CAR Coin on Solana Blockchain

The Central African Republic is making waves in the crypto world. President Faustin-Archange Touadéra just signed a decree to turn over 1,700 hectares of land into digital tokens. Starting this June, people will be able to buy and sell land rights using the country’s very own token, $CAR, all running

May 30, 2025 3 mins read

GameStop Acquires $513M in Bitcoin, Joins Growing List of Corporate BTC Holders

GameStop has officially entered the Bitcoin market with a purchase of 4,710 BTC, according to a May 28 SEC filing. The acquisition marks the company’s first confirmed investment since announcing its intent to adopt Bitcoin as a treasury reserve asset. With Bitcoin trading near $109,080 at the time, the total

May 28, 2025 2 mins read

Stablecoin Issuers in Hong Kong Must Get HKMA Approval Under New Law

Hong Kong has officially passed the Stablecoins Bill, marking a significant step forward in the regulation of digital assets. The legislation mandates that any company issuing fiat-backed stablecoins, particularly those pegged to the Hong Kong dollar or operating within Hong Kong’s jurisdiction, must now obtain a license from the Hong

May 21, 2025 2 mins read

Texas House Advances Bitcoin Reserve Bill with Bipartisan Support

In a landmark move for state-level cryptocurrency adoption, the Texas House of Representatives on Tuesday advanced Senate Bill 21, aimed at establishing a state-managed Bitcoin reserve. The bill passed its second reading with a strong 105-23 vote, gaining bipartisan backing and edging closer to becoming law. The proposed legislation Texas

May 21, 2025 2 mins read

Saudi Central Bank Gains Indirect Bitcoin Exposure via Strategy Investment

The Saudi Central Bank has recently unveiled an investment in a Strategy, an American development company. After the investment, the bank got its first indirect exposure to Bitcoin.  The bank made a filing on May 16 with the US Securities and Exchange Commission in which it mentions that it now

May 17, 2025 2 mins read

Pi Token Faces Downward Pressure as $100M DApp Fund Draws Criticism

Recently, Dr. Kokkalis shared his vision for combining AI and blockchain technology to accelerate cryptocurrency acceptance at the Consensus 2025 event. On one side, Kokkalis gave his thoughts on crypto adoption, and on the other side, Pi coin is falling badly. The Pi token price dropped by 20%, indicating negative

May 17, 2025 3 mins read