Texas governor signs bill adding Bitcoin to official reserves
Texas Governor Greg Abbott signed SB21, creating a state-managed Bitcoin reserve to strengthen financial resilience and hedge against inflation. The fund will hold BTC and operate independently.
Texas Launches State-Funded Bitcoin Reserve — What It Means for BTC Adoption?
Texas has passed a bill to create the first state-funded Bitcoin reserve, overseen by the comptroller, marking a significant step in BTC adoption and state-level crypto integration.
Signal trading ‘school’ and fake exchange rob investor of $860K: Lawsuit
A Florida investor lost $860K to a Denver trading school and fake crypto exchange, Alpha Stock Investment Training Center and CoinBridge, promising huge profits via signal trading, now sued for fraud.
Samson Mow wants Bitcoin in ‘all of Europe,’ receives invite to France
Jan3 founder Samson Mow aims to boost Bitcoin adoption in Europe after meeting French lawmaker Sarah Knafo, discussing a Strategic Bitcoin Reserve and friendly regulations for France.
South Korea’s Crypto Push: Bitcoin ETFs Headed for Approval in 2025
South Korea plans to approve Bitcoin and crypto ETFs by late 2025, alongside a won-pegged stablecoin, as part of efforts to mainstream digital assets with new regulations and investor protections.
Think Crypto is Used for Illegal Activities? Read This Report First
TRM Labs’ 2024 report shows crypto crime dropped to 0.4% of total transactions, with $45 billion in illicit flows. Sanction evaders and scammers dominate, while AI and DeFi hacks emerge as new threats.
Treasury Secretary Says Crypto Not Threat to Dollar as US Pursues Digital Asset Dominance – Featured Bitcoin News
U.S. Treasury Secretary asserts crypto isn’t a threat to the dollar as America aims for digital asset dominance, highlighting global adoption and government oversight needs.
Texas governor signs Bitcoin reserve bill into law
Texas Governor Greg Abbott signed SB 21 into law, establishing a Bitcoin reserve managed by the state comptroller. Bitcoin must maintain a $500B market cap average over 24 months to qualify.
Altcoin ETFs approval ‘to 90% or higher,’ Bloomberg analysts predict
Bloomberg analysts predict a 90%+ chance of altcoin ETF approvals as SEC engagement increases. Despite market downturns, institutional interest in altcoins like Solana and XRP remains strong.
‘Public Good’: Wyoming Plots August Debut for WYST Stablecoin – Decrypt
Wyoming plans to launch its state-backed WYST stablecoin on August 20 at the Wyoming Blockchain Symposium. The stablecoin, pegged to the US dollar, will support multiple blockchains and fund education through interest earnings.
