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French lawmakers say country could generate 0M in annual revenue from Bitcoin mining

French lawmakers say country could generate $150M in annual revenue from Bitcoin mining

Leave a Comment / Bitcoin, BTC, crypto, Featured, France, Legislation, Mining, Regulation /

French lawmakers have doubled down on their plans for Bitcoin mining by highlighting that the country could generate an annual revenue of up to $150 million from the industry. In a July 11 bill submitted to the French National Assembly, the lawmakers outlined a five-year pilot program allowing electricity producers to redirect excess power, often […]

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El Salvador, Pakistan inaugurate diplomatic relations to collaborate on digital assets

El Salvador, Pakistan inaugurate diplomatic relations to collaborate on digital assets

Leave a Comment / Adoption, crypto, Featured, Politics /

Pakistan and El Salvador have formalized diplomatic relations for the first time, anchoring the partnership on crypto collaboration and digital asset development, according to a July 16 announcement. The presser followed a meeting in San Salvador between Bilal Bin Saqib, special assistant to Pakistan’s prime minister on crypto and blockchain, and El Salvador’s President Nayib

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World Liberty Financial holders back WLFI public trading with massive 99.9% positive votes

World Liberty Financial holders back WLFI public trading with massive 99.9% positive votes

Leave a Comment / crypto, DeFi, Featured, Governance, Tokens /

World Liberty Financial (WLFI) token holders approved a governance proposal to make the WLFI token tradable, allowing the project to begin enabling transfers and secondary market access.  Token holders cast overwhelmingly affirmative ballots before the July 16 close, with 11.1 billion tokens voting “Yes,” equivalent to 99.94%.  World Liberty posted the “Make $WLFI Token Tradable”

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BofA CEO confirms bank is exploring stablecoins for potential payment revolution

BofA CEO confirms bank is exploring stablecoins for potential payment revolution

Leave a Comment / Adoption, Banking, crypto, Featured, Stablecoins /

Bank of America is taking early steps to explore stablecoins as a way to modernize its payment systems and handle trillions of dollars in client transactions more efficiently, the lender’s CEO, Brian Moynihan, said during the bank’s second-quarter earnings call on July 15. Moynihan emphasized that the firm’s current focus is on using stablecoins “as

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House passes motion to reconsider crypto package containing the GENIUS Act

House passes motion to reconsider crypto package containing the GENIUS Act

Leave a Comment / crypto, Featured, Regulation /

The House approved on July 16 a motion to reconsider the crypto‑related proposals package combining the GENIUS Act, the CLARITY Act, and the Anti‑CBDC Surveillance Act in a 215-211 vote. Alex Thorn, head of research at Galaxy Digital, said on X that analysts expect a vote on the GENIUS Act today. Because the House agreed

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Bitcoin Is a Commodity: Why Congress Must Fix Bitcoin Taxes

Bitcoin Is a Commodity: Why Congress Must Fix Bitcoin Taxes

Leave a Comment / Bitcoin, Bitcoin mining, Bitcoin Policy, Featured, Opinion, Politics, Tax Legislation /

Bitcoin Magazine Bitcoin Is a Commodity: Why Congress Must Fix Bitcoin Taxes I grew up in northwest Iowa, the heart of the Corn Belt, renowned for some of the most fertile and productive farmlands in the world. When my grandpa planted corn and beans, he knew Uncle Sam would come for his portion — not

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This small House Republican caucus held US stablecoin bill hostage until Trump cracked the whip

This small House Republican caucus held US stablecoin bill hostage until Trump cracked the whip

Leave a Comment / Featured, Legal, Politics, Regulation, Stablecoins /

A procedural vote to advance landmark crypto legislation failed on the House floor Tuesday, only to be revived hours later following direct intervention from President Donald Trump. The reversal followed a brief but intense standoff between Republican leadership and a small group of conservative holdouts, which paralyzed the chamber and ultimately required a presidential deal

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Ripple to provide custodial services for Dubai’s real estate tokenization project

Ripple to provide custodial services for Dubai’s real estate tokenization project

Leave a Comment / Adoption, Featured, ripple, Technology, uae, xrp, XRPL /

Ripple has entered a new partnership with Ctrl Alt to support the Dubai Land Department’s (DLD) push to digitize property ownership using blockchain. According to a July 16 statement, the collaboration brings Ripple’s institutional-grade custody technology to the DLD’s real estate tokenization initiative, where title deeds will be stored securely on the XRP Ledger (XRPL).

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Coinbase and Ripple execs join California officials to streamline state operations

Coinbase and Ripple execs join California officials to streamline state operations

Leave a Comment / Adoption, crypto, Culture, Featured, Technology /

California Governor Gavin Newsom announced the California Breakthrough Project on July 15, enlisting executives from Coinbase, Ripple, MoonPay, and other technology firms to help streamline state operations.  Newsom convened the advisory group at Ripple’s San Francisco headquarters on June 6. Participants include Ripple Executive Chair Chris Larsen and unnamed executives from MoonPay and Coinbase. The cohort will work with agency staff to

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Tornado Cash Trial Day 2: Prosecution and Defense Tell Different Stores about Roman Storm

Tornado Cash Trial Day 2: Prosecution and Defense Tell Different Stores about Roman Storm

Leave a Comment / Featured, Legal, News, Privacy, Roman Storm, SDNY, tornado cash /

Bitcoin Magazine Tornado Cash Trial Day 2: Prosecution and Defense Tell Different Stores about Roman Storm Today, during the second day of the Tornado Cash trial, the prosecution and defense provided opposing accounts in their opening statements for why the defendant in the case, Roman Storm, started Tornado Cash. SUMMARY OF DAY 2 OF TORNADO

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