According to crypto entrepreneur Mike Alfred, the U.S. will hold off on buying Bitcoin to add to its strategic reserve until foreign competitors decide to go ahead with their purchases. Alfred is of the opinion that American officials will be compelled by foreign pressure to take the initiative in the
Senator Cynthia Lummis has declared that the funding of the Strategic Bitcoin Reserve in America may start now as the cryptocurrency keeps gaining momentum. The Lummis attributed the advancement of the initiative to President Trump due to recent policy formulations and executive orders. Recently, Bitcoin has reached a historic milestone
Trump Media and Technology is moving forward with its Bitcoin treasury plans. As per the latest reports, the US SEC has made the firm’s Bitcoin treasury-related S-3 registration effective from Friday. Following the SEC’s official approval, the firm has filed a final prospectus with the SEC. For its Bitcoin treasury
Brad Lander, the New York City Comptroller, attacked the recent proposal of Eric Adams to issue municipal bonds supported by Bitcoin, alerting that doing so will come with a financial risk and take away investor confidence. On May 29, Lander issued a statement in which he mentioned that he would
Pakistan makes headlines in the crypto verse by hinting at its intentions to lead the crypto adoption race. The nation announced recently that it will establish a national Bitcoin strategic reserve. It is a complete opposite move as the nation previously opposed digital assets. Pakistan’s Huge Investments to Support Crypto
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
As global interest in cryptocurrency adoption grows, Ukraine is taking a bold step toward integrating digital assets into its national financial strategy. The Eastern European nation is reportedly drafting legislation to establish a national strategic Bitcoin reserve, with the support of Binance, one of the world’s leading crypto exchanges. A
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
