Today in crypto, Binance founder Changpeng “CZ” Zhao expects Bitcoin to reach between $500,000 and $1 million this market cycle, driven by institutional adoption, growing government accumulation, and a pro-crypto US policy, Florida has withdrawn its

Florida has postponed two bills that would have allowed investment in bitcoin from certain public funds in the state.According to the state legislature's website, on May 3, House Bill 487 and Senate Bill 550 were "indefinitely postponed and withdrawn

Arizona will not be using public funds to invest in Bitcoin and other cryptocurrencies — at least not during the tenure of Governor Katie Hobbs (D).Arizona has now lost ground in what’s been a race among U.S. states to see which may become the first

Arizona Governor Katie Hobbs has blocked a bill passed recently by the state's legislature that would have allowed the state's treasurer and retirement systems to invest up to 10% of their funds in virtual currencies such as bitcoin. "The Arizona Sta

A bill that would allow New Hampshire to invest a portion of its state funds in digital assets and precious metals has advanced to a full Senate vote after passing a second committee.On April 23, House Bill 302 (HB 302) was reviewed in the second Sen

The under-fire U.S. Agency for International Development (USAID) could leverage blockchain technology to help track funds as part of a more transparent procurement process under a proposed overhaul and rebrand from Trump administration officials.Acco

SEC Commissioner Hester Peirce, the newly named head of the regulator's crypto task force, has long been a proponent of the crypto industry as one of the Republicans overseeing the federal securities regulator. She discussed her approach with CoinDes

Bolivia's state energy company YBFB will use cryptocurrency to pay for energy imports, according to a Reuters .YBFB hopes that using crypto will be a direct solution to the nation's shortage in U.S. dollars and foreign currency reserves.The shortage

The Utah Senate has passed a crypto bill known as HB230, titled "Blockchain and Digital Innovation Amendments," a step toward integrating crypto into the state’s legal framework.The original bill draft underwent a notable change during its legislativ

Cryptocurrency custody firm Taurus, which counts the likes of Deutsche Bank and State Street among its clients, has expanded its footprint to Turkey.Taurus is now providing custody services to Istanbul-based BankPozitif, marking the first such time a

This year's rapid surge in U.S. states' interest to put public money into cryptocurrencies before the federal government can establish a strategic reserve of digital assets has encountered mixed results after five such efforts flamed out, though Utah

Texas Senate Bill 21 (SB-21), establishing a Bitcoin and cryptocurrency strategic reserve, passed the Texas Senate Banking Committee on Feb. 27 in a 9–0 vote and now advances to the Senate floor for further deliberation.The bill gives the Texas Compt

State Street, a large custodian bank with a footprint in crypto, plans to launch a digital asset custody business next year, according to a report from The Information. The move represents something of a step change for Wall Street banks, which have

Michigan's state representatives, Bryan Posthumus and Ron Robinson, proposed House Bill 4087, which, if approved, could allow Michigan to invest in cryptocurrencies such as bitcoin.“Michigan can and should join Texas in leading on crypto policy by si

Today in crypto, Onchain real-world assets (RWAs) are gaining traction as Bitcoin’s price struggles, with market commentators predicting total value locked (TVL) could hit $50 billion in 2025 as demand grows, Florida Republican Senator Joe Gruters pr

Utah is one step closer to potentially becoming the first US state with a Bitcoin reserve after advancing a strategic Bitcoin reserve bill through the House, which now heads to the Senate. “The ‘Strategic Bitcoin Reserve’ bill has officially passed t

According to Satoshi Action Fund CEO Dennis Porter, Utah is leading the race to establish a Bitcoin reserve in the US. Porter claimed that the state’s short legislative calendar encourages speedy action.Additionally, Utah has a digital asset task for

Illinois has become the latest US state to advance a Bitcoin strategic reserve bill, seeking to deploy the world’s first cryptocurrency as a financial savings technology.Introduced by Illinois State Representative John Cabello, House Bill 1844 (HB184

Former presidential candidate Vivek Ramaswamy praised Ohio's new strategic crypto reserve bill as powerful and thoughtful.Introduced by State Representative Steve Demetriou and backed by six co-sponsors, the bill, known as House Bill No. 18 , would a

Several states are gearing up to integrate Bitcoin into their financial strategies. As of January 17, 2025, seven US states have proposed establishing strategic BTC reserves.These initiatives reflect the growing acceptance of Bitcoin as a legitimate