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Arizona Launches Its Bitcoin Reserve Fund with House Bill 2749

Arizona Launches Its Bitcoin Reserve Fund with House Bill 2749

Arizona has officially launched its first Bitcoin and Digital Asset Reserve Fund by signing House Bill 2749 into law. The bill does not authorize new investments. Instead, it focuses on handling unclaimed digital assets.This comes shortly after New Hampshire’s passage of HB 302, making it the first …

Oregon passes bill to establish legal control standards for digital assets

Oregon passes bill to establish legal control standards for digital assets

Oregon has enacted Senate Bill 167, updating the state's commercial laws to incorporate digital assets into the Uniform Commercial Code (UCC).The legislation , signed by Governor Tina Kotek on May 7, introduces UCC Article 12, which creates a legal framework for digital assets including crypto asset…

Trump memecoin dinner attendees could include foreign nationals — Report

Trump memecoin dinner attendees could include foreign nationals — Report

At least some of the top holders of Donald Trump’s memecoin who apply to attend a private dinner with the president could be based outside the United States.According to a May 7 Bloomberg report based on an analysis of the top TRUMP tokenholders, 19 of the top 25 wallets on the leaderboard used fore…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in Crypto, Ethereum developers have activated the network’s Pectra upgrade, bringing smart accounts, higher staking limits and improved scalability through key Ethereum improvement proposals (EIPs), US Democrats have launched a new assault targeting President Donald Trump’s involvement in vari…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in Crypto, New Hampshire greenlights state crypto investments and Binance founder Changpeng “CZ” Zhao forecasts Bitcoin could surge to $500,000–$1 million this cycle. Meanwhile, Florida scraps its Bitcoin reserve plans.New Hampshire governor signs crypto reserve bill into lawNew Hampshire beca…

Senate Democrats Rebel Against Crypto Bill, Citing Trump's Perceived Conflicts of Interest

Senate Democrats Rebel Against Crypto Bill, Citing Trump's Perceived Conflicts of Interest

By Kenneth CorbinSenate Democrats are warning that the Genius Act, the legislative proposal to create a regulatory framework for some digital currencies, is still in need of major improvements. A growing number of them are signaling their opposition as the GOP looks to bring the measure to the floor…

New York district gets interim US Attorney as ex-SafeMoon CEO trial kicks off

New York district gets interim US Attorney as ex-SafeMoon CEO trial kicks off

Acting US Attorney for the Eastern District of New York (EDNY) John Durham has departed as President Donald Trump’s pick takes control of the office.In a May 5 notice, the US Attorney’s Office for EDNY said Joseph Nocella will serve as interim US Attorney for the region for 120 days or until a Senat…

 Arizona legislature passes Bitcoin reserve bills, moving closer to stockpiling crypto

Arizona legislature passes Bitcoin reserve bills, moving closer to stockpiling crypto

Lawmakers in the Arizona House of Representatives passed two bills that could allow the state to adopt a reserve using Bitcoin or other cryptocurrencies.In a third reading on April 28 of Senate Bill 1025 (SB1025), a proposal to amend Arizona’s statutes to allow for a strategic BTC reserve, 31 membe…

US State Arizona Passes Two Bitcoin Reserve Bills

US State Arizona Passes Two Bitcoin Reserve Bills

Arizona’s State Legislature just passed Bitcoin reserve bills SB1025 and SB1373. They now approach the final hurdle: the governor’s approval to become law.Both bills won by comfortable margins and will only require the governor’s signature to become law. Governor Katie Hobbs recently ended a vow to …

 Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, lawmakers in Arizona have passed two bills that could allow the state to establish a crypto reserve. Coinbase announced the launch of its Bitcoin Yield Fund for institutional investors. Meanwhile, Bitget has issued legal letters to users it accuses of manipulating token contracts.Ar…

US Senator calls for Trump impeachment, cites memecoin dinner

US Senator calls for Trump impeachment, cites memecoin dinner

United States Senator Jon Ossoff expressed support for impeaching US President Donald Trump during an April 25 town hall, citing the President’s plan to host a private dinner for top Official Trump memecoin holders. “I mean, I saw just 48 hours ago, he is granting audiences to people who buy his mem…

Top Crypto News This Week: Solana Community Conference, Texas Bitcoin Reserve Hearing, Initia Mainnet, and More

Top Crypto News This Week: Solana Community Conference, Texas Bitcoin Reserve Hearing, Initia Mainnet, and More

Several top crypto news stories are in the lineup this week in crypto, spanning various ecosystems with the potential to drive volatility.This week, traders looking to capitalize on event-specific volatility should monitor the following developments.Solana Community ConferenceThis week, the Solana C…