Tag: 10334
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Michigan Bitcoin Reserve Bill Moves Forward After Months of Delay
Michigan advances Bitcoin reserve legislation after prolonged delays, signaling state-level crypto adoption and potential diversification of government treasury strategies.
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US Launch Strategic Bitcoin Reserve This Year Says Galaxy Exec
Galaxy executive says US may launch strategic Bitcoin reserve this year according to the source.
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Venezuela adopts USDT for 20% of remittances amid 2024 dollar scarcity crisis
Venezuela increases USDT usage amid dollar scarcity, with Bitcoin and Ethereum also rising; 20% of remittances now use cryptocurrencies.
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South Korea’s new financial regulator scrutinized over strategy shares policy affecting Samsung and Hyundai
South Korea’s new financial regulator Kim Joo-hyun faces scrutiny over strategy shares policy affecting Samsung and Hyundai with a 5% ownership threshold.
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Janet Yellen reverses Bitcoin stance as BTC drops 5% to $42,000
U.S. Treasury Secretary Janet Yellen reversed stance on Bitcoin, citing regulatory concerns. Bitcoin (BTC) dropped 5% to $42,000 amid policy uncertainty.
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Trump’s crypto 401(k) order expands retirement options for 60 million Americans
SEC Chair Atkins stated Trump’s crypto 401(k) order increases retirement options, affecting Bitcoin and Ethereum; 60 million Americans have 401(k) plans.
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US Treasury confirms budget-neutral Bitcoin reserve purchases feasible in 2023
US Treasury official Bessent confirms budget-neutral Bitcoin reserve purchases remain feasible, citing 2023 data and potential impact on BTC and USDT markets.
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US Treasury adds 5% Bitcoin to reserves via budget-neutral strategy
US Treasury Secretary announced budget-neutral Bitcoin acquisition for reserves, targeting 5% allocation. Bitcoin (BTC) and MicroStrategy (MSTR) surged 15% post-announcement.
