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White House Expresses Enthusiasm To Collaborate With Congress on Crypto Framework Bill
White House Expresses Enthusiasm To Collaborate With Congress on Crypto Framework Bill

The Executive Office of President Joe Biden has issued a Statement of Administration Policy concerning H.R. 4762, the Financial Innovation and Technology Act of 2021 (FIT 21).  This legislation seeks to establish clear guidelines for Bitcoin and other digital assets. The Chamber of Digital Commerce, an advocacy group for

Bitcoin  •  News  •  May 22, 2024
Judge Rules That Craig Wright Lied About Inventing Bitcoin
Judge Rules That Craig Wright Lied About Inventing Bitcoin

A UK judge has ruled that Craig Wright, who claimed to be Satoshi Nakamoto, the creator of Bitcoin, lied extensively and forged documents during a high-profile trial. In a 231-page judgment, Justice James Mellor stated that Wright "lied to the court repeatedly" and engaged in large-scale forgery in

Bitcoin  •  News  •  May 20, 2024
Morgan Stanley Reveals a $270 Million Investment in Spot Bitcoin ETFs
Morgan Stanley Reveals a $270 Million Investment in Spot Bitcoin ETFs

Recent 13F SEC filings have unveiled that several major U.S. financial institutions are committing significant funds to Bitcoin through spot ETFs.  These filings, which disclose the holdings of institutional investors with over $100 million allocated, have drawn considerable attention. Following the SEC's approval of several spot Bitcoin

Bitcoin  •  Markets  •  May 17, 2024
BTPI Launches Study on Bitcoin’s Impact on Financial Freedom in Authoritarian Countries
BTPI Launches Study on Bitcoin’s Impact on Financial Freedom in Authoritarian Countries

The Brooks School Tech Policy Institute (BTPI) at Cornell University has launched a $1 million research project to explore the relationship between Bitcoin and financial freedom in authoritarian countries.  Led by BTPI Director Sarah Kreps, the research aims to understand how individuals use Bitcoin and stablecoins for financial security in

Bitcoin  •  Economy  •  May 17, 2024
Senate Approves Bill to Repeal SEC Rule on Bitcoin and Crypto Custody
Senate Approves Bill to Repeal SEC Rule on Bitcoin and Crypto Custody

The Senate has passed legislation H.J.Res. 109 to overturn the SEC's Staff Accounting Bulletin (SAB) No. 121, which prevents highly regulated financial firms from custodying Bitcoin and cryptocurrencies.  The vote was 60 to 38, showing bipartisan support. The resolution, which already passed the House, aims to

Bitcoin  •  Politics  •  May 16, 2024
White House Expresses Enthusiasm To Collaborate With Congress on Crypto Framework Bill
White House Expresses Enthusiasm To Collaborate With Congress on Crypto Framework Bill

The Executive Office of President Joe Biden has issued a Statement of Administration Policy concerning H.R. 4762, the Financial Innovation and Technology Act of 2021 (FIT 21).  This legislation seeks to establish clear guidelines for Bitcoin and other digital assets. The Chamber of Digital Commerce, an advocacy group for

Bitcoin  •  News  •  May 22, 2024
Featured Articles 4 Articles
Business View All
Steak ’n Shake Introduces Bitcoin Bonus Program for Hourly Workers
Steak ’n Shake Introduces Bitcoin Bonus Program for Hourly Workers

Steak ’n Shake will pay hourly workers a $0.21-per-hour Bitcoin bonus starting March 1st.

Strategy Surpasses 700,000 Bitcoin Holdings Following $2.1 Billion Acquisition
Strategy Surpasses 700,000 Bitcoin Holdings Following $2.1 Billion Acquisition

Strategy bought 22,305 Bitcoin for about $2.13 billion, raising its total holdings to 709,715 Bitcoin, according to an SEC filing.

B HODL Completes Bitcoin-Backed Loan Drawdown and Adds One Bitcoin to Treasury
B HODL Completes Bitcoin-Backed Loan Drawdown and Adds One Bitcoin to Treasury

B HODL drew £74,250 under its Bitcoin-backed loan facility to buy one Bitcoin, increasing total holdings to 159.295 Bitcoin.

DZ Bank Receives MiCAR Authorization for Retail Bitcoin and Crypto Trading Platform
DZ Bank Receives MiCAR Authorization for Retail Bitcoin and Crypto Trading Platform

DZ Bank received MiCAR approval to enable retail Bitcoin and crypto trading across Germany’s cooperative banks via its meinKrypto platform.

Politics View All
Bitcoiners Push Back on Quantum Computing Risk Claims
Bitcoiners Push Back on Quantum Computing Risk Claims

Bitcoiners say quantum computing does not pose an immediate threat and that the network has time to prepare for potential long-term risks.

CFTC Clears Path for Federally Regulated Spot Bitcoin and Crypto Trading
CFTC Clears Path for Federally Regulated Spot Bitcoin and Crypto Trading

The CFTC will allow federally regulated spot Bitcoin and crypto trading for the first time as Bitnomial prepares to launch its new exchange.

Turkmenistan Approves New Law for Bitcoin and Digital Asset Operations
Turkmenistan Approves New Law for Bitcoin and Digital Asset Operations

Turkmenistan has enacted a new law regulating Bitcoin and digital asset activities with licensing requirements and defined legal status.

Texas Buys $5 Million in Bitcoin in First State-Level Purchase of BlackRock’s Spot ETF
Texas Buys $5 Million in Bitcoin in First State-Level Purchase of BlackRock’s Spot ETF

Texas bought $5 million of Bitcoin through BlackRock’s IBIT ETF as its first step toward a state Strategic Bitcoin Reserve.

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