Arizona is making history by becoming the first state in the U.S. to actively manage unclaimed cryptocurrency. Governor Katie Hobbs recently signed House Bill 2749 into law, allowing the state to take ownership of digital assets that have been abandoned for at least three years. This new legislation paves the
The Governor of Arizona, Katie Hobbs, has rejected the bill, citing that allow the state to hold BTC as part of its official reserves, eventually killing the hope of making Arizona the first US state to adopt such a policy. The Digital Assets Strategic Reserve bill was the door to
Arizona stands to become the first state in history to enforce public fund investment in Bitcoin. Two important state legislature bills have established a strategic cryptocurrency reserve, which demonstrates expanding acceptance of digital assets in public financial management systems. Arizona Bitcoin Bills Advance to Governor’s Desk The Arizona House of
Switzerland’s famed financial conservatism clashed with the modern crypto wave as the Swiss National Bank firmly rejected to include bitcoin in its national reserves. As inflation concerns and geopolitical tensions rise globally, the supporters of digital currencies are pushing for Switzerland to adopt a more diversified approach, one that includes
Another US State, New Hampshire, has added a new milestone as House Bill 302 has passed its second Senate Committee. The bill mentions permission to the state to invest in Bitcoin and valuable metals. In January 2025, the bill was introduced, and as of now, it has cleared four major
Just a day after revealing plans to add Bitcoin (BTC) to its balance sheet, GameStop (GME) is taking things a step further. The company, led by CEO Ryan Cohen, is raising $1.3 billion by issuing convertible senior notes, aiming to use the funds for Bitcoin purchases. The five-year bonds, set
GameStop, the video game retailer and original meme-stock company, has officially announced that its board has unanimously approved adding Bitcoin as a treasury reserve asset, as per its press release on March 25th. This means GameStop will start using some of its corporate cash—possibly even future debt or equity—to invest
On March 24, 2025, Kentucky Governor Andy Beshear signed House Bill 701, commonly known as the “Bitcoin Rights” bill, into law. This legislation ensures the protection of digital asset users and cryptocurrency miners within the state, prohibiting discriminatory regulations against them. The law specifically secures key rights such as self-custody
The Oklahoma House of Representatives has voted 77-15 in favor of House Bill 1203, also referred to as the Strategic Bitcoin Reserve Act. The bill allows the state to invest a maximum of 10% of public assets in Bitcoin or other digital currencies that have held a market capitalization of
The Bank of Korea (BOK) has officially rejected the idea of considering Bitcoin (BTC) in its foreign exchange reserves, mainly because of its volatile nature and liquidity concerns. In a response to an inquiry from lawmaker Cha Gyu-geum, the central bank stated, the central bank has confirmed that it had
