Adoption Archives - Page 17 of 20

Binance founder advises Kyrgyzstan to adopt Bitcoin and BNB for national crypto reserve

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Binance founder Changpeng Zhao has recommended that Kyrgyzstan consider Bitcoin and BNB as the first assets in building its National Crypto Reserve. His May 5 suggestion followed an invitation to join the country’s National Crypto Council, marking a notable step in the nation’s engagement with digital assets. Zhao visited Kyrgyzstan at the invitation of President […]

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Maldives bets .8 billion on blockchain to counter economic and debt challenges

Maldives bets $8.8 billion on blockchain to counter economic and debt challenges

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The Maldives has finalized an $8.8 billion agreement to build a blockchain-first financial hub that reportedly eclipses the nation’s entire economy. The country aims to reposition itself as a global destination for digital assets. Per the Financial Times, Dubai-based MBS Global Investments will finance the Maldives International Financial Centre (MIFC) project. The government signed the

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Tower Research Latest to Expand into Crypto, Gears Up to Dominate Market-Making

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Tower Research Capital, a major player in high-speed trading, is ramping up its crypto operations through a lesser-known internal unit, Limestone Trading. The move comes as institutional interest in digital assets resurges, buoyed by favorable political shifts and improving market conditions, particularly following former President Donald Trump’s renewed support for the industry. Limestone Trading, a

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Arizona senator vows to reintroduce Bitcoin reserve bill despite governor’s veto

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Arizona State Senator Wendy Rogers says she will bring back her proposed Strategic Bitcoin Reserve (SBR) bill in the next legislative session. This comes after Governor Katie Hobbs rejected the initial bill, marking the first time a sitting US governor has formally blocked such a crypto initiative. Senator Rogers shared her plans over the weekend,

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Litecoin climbs on hopes of ETF green light from SEC

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Litecoin’s native token, LTC, has posted notable gains amid speculation that the US Securities and Exchange Commission (SEC) may approve a spot Litecoin exchange-traded fund (ETF) proposed by Canary Capital. According to CryptoSlate’s data, the digital asset rose over 4% to reach $89, the highest level seen since March, while most other cryptocurrencies remained flat

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Dubai-Based Firm to Invest .8B to Develop Blockchain Financial Hub in Maldives

Dubai-Based Firm to Invest $8.8B to Develop Blockchain Financial Hub in Maldives

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A Dubai-based family office of a Qatari royal is spearheading the initiative of building a $8.8 billion crypto and blockchain hub in Malé, Maldives. The planned investment would exceed the Maldives’ annual GDP of around $7 billion, the Financial Times reported. The deal, which was signed on May 4, comes from MBS Global Investments, that

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Roswell NM Launches World’s First Municipal Bitcoin Strategic Reserve

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Roswell, New Mexico, made history once again this week by becoming the first city in the world to document the acceptance of a bitcoin donation. A physical receipt signifying the city’s acceptance of the gift was ceremonially signed Tuesday by Roswell Mayor Pro Tem Juliana Halvorson. Halvorson signed the receipt for the bitcoin donation at

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Arizona Governor Vetoes Bitcoin Bill, Faces Backlash From Community

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Arizona Governor Katie Hobbs has sparked criticism from Bitcoin advocates and some government officials after vetoing legislation that would have allowed the state to hold Bitcoin in its official reserves. The bill, known as the Arizona Strategic Bitcoin Reserve Act, aimed to authorize the state to invest seized funds into Bitcoin and establish a reserve

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42/42 Plan: Strategy Doubles its Bitcoin Acquisition Program

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MicroStrategy, the giant corporate bitcoin holder that is now called “Strategy”, is expanding its already huge bitcoin purchasing plan. It announced plans to raise $84 billion over the next 2 years — all to buy even more bitcoin. The new plan is called the “42/42 Capital Plan” and will raise $42 billion from stock sales

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Solana’s moment is good for Ethereum and Web3

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The following is a guest post and opinion from Hart Lambur, Co-Founder of RIsk Labs (UMA and Across). Solana’s recent growth didn’t come at Ethereum’s expense. It expanded the total crypto user base. Instead of pulling users away from Ethereum, Solana served as a gateway for new entrants into web3. With fast transactions and low fees,

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