Connecticut Governor Ned Lamont has signed a bill into law restricting the use of digital assets in state government, including the establishment of a cryptocurrency reserve.On Monday, Lamont signed Connecticut House Bill 7082, which was previously a
On Saturday, Texas became the first-ever US state to commit public funds towards the purchase of Bitcoin.Governor Greg Abbott signed Senate Bill 21 (SB21), officially authorizing the establishment of the Texas Strategic Bitcoin Reserve.Keep reading t
Today in crypto, Texas Governor Greg Abbott has officially authorized the creation of the Texas Strategic Bitcoin Reserve, Jan3 founder Samson Mow eyes expanding Bitcoin nation-state adoption in Europe. Meanwhile, Bitcoin holding company Nakamoto Hol
Arizona lawmakers are once again making headlines with their revived Bitcoin Reserve Bill. The proposal, which aims to create a state-managed fund for handling seized cryptocurrencies, has passed the Senate after a tight vote. Now all eyes are on the
One of Arizona’s Bitcoin reserve bills has been revived after the state’s Senate passed a motion to reconsider the bill on Thursday.House Bill 2324 was initially voted down in the House during its third reading on May 7, but is now headed back to the
Strategy co-founder Michael Saylor met with Pakistani officials, including State Minister on Blockchain Bilal Bin Saqib and Finance Minister Muhammad Aurangzeb, according to a June 15 Dawn News report.Saylor praised Pakistan’s progressive approach to
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cycle, driven by institutional adoption, growing government accumulation, and a pro-crypto US policy, Florida has withdrawn its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to the state legislature's website, on May 3, House Bill 487 and Senate Bill 550 were "indefinitely postponed and withdrawn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