Regulation

Texas to buy Bitcoin for state reserves long before Trump’s Bitcoin reserve delivers

Texas to buy Bitcoin for state reserves long before Trump’s Bitcoin reserve delivers

Texas is now legally empowered to build its own Bitcoin reserve funded with taxpayer dollars before the federal government takes any comparable action. Governor Greg Abbott on Saturday signed Senate Bill 21, a law that explicitly allows the state to buy and hold Bitcoin and other top-tier cryptocurrencies. The measure passed the Texas House and […]

Texas to buy Bitcoin for state reserves long before Trump’s Bitcoin reserve delivers Read More »

FTX Lawyers Slam 3AC’s .5B Claim — Say Collapse Was Entirely Self-Inflicted

FTX Lawyers Slam 3AC’s $1.5B Claim — Say Collapse Was Entirely Self-Inflicted

FTX lawyers are pushing back against a $1.5 billion claim from defunct hedge fund Three Arrows Capital (3AC), calling it baseless and rooted in the firm’s own trading missteps. Key Takeaways: FTX is seeking to fully reject 3AC’s $1.5B claim, calling it legally and factually unfounded. The exchange argues 3AC breached margin terms and ignored

FTX Lawyers Slam 3AC’s $1.5B Claim — Say Collapse Was Entirely Self-Inflicted Read More »

XRP joins Solana and Litecoin in top ETF approval tier

XRP joins Solana and Litecoin in top ETF approval tier

Key Takeaways Bloomberg analysts raised approval odds for spot crypto ETFs like XRP, Solana, and Litecoin to 90% or higher. SEC’s positive engagement signals likely approval for multiple new spot crypto ETFs beyond Bitcoin and Ethereum. Share this article XRP has moved into the top tier of ETF approval prospects, next to Litecoin and Solana,

XRP joins Solana and Litecoin in top ETF approval tier Read More »

Coinbase makes history with EU-wide crypto license under MiCA

Coinbase makes history with EU-wide crypto license under MiCA

Coinbase, the largest US-based exchange, has taken a major step in its global expansion by securing approval under the European Union’s Markets in Crypto-Assets (MiCA) regulation, according to a June 20 statement. The exchange confirmed that Luxembourg’s financial watchdog, the Commission de Surveillance du Secteur Financier (CSSF), granted it the necessary license to operate across the

Coinbase makes history with EU-wide crypto license under MiCA Read More »

Norway eyes crypto mining ban amid local firms’ heavy investments in Bitcoin

Norway eyes crypto mining ban amid local firms’ heavy investments in Bitcoin

Norway is reportedly planning to introduce a temporary ban on the development of new data centres linked to crypto mining, Reuters reported on June 20. According to the report, the government is expected to implement the restrictions before the end of the year, citing environmental and energy concerns. The government says the aim is to

Norway eyes crypto mining ban amid local firms’ heavy investments in Bitcoin Read More »

Why Ripple thinks London can become the main crypto powerhouse in the west

Why Ripple thinks London can become the main crypto powerhouse in the west

When Ripple unveiled its four-point policy blueprint in London this week, the message was unmistakable: if the UK wants to lead in crypto, the time to act is now. Unfolding against a backdrop of draft legislation and shifting global regulatory alignments, the move signals Ripple’s intent to turn Britain into the world’s next blockchain capital

Why Ripple thinks London can become the main crypto powerhouse in the west Read More »

Norway to impose temporary restrictions on Bitcoin mining to save electricity

Norway to impose temporary restrictions on Bitcoin mining to save electricity

Key Takeaways Norway plans to temporarily ban new power-intensive crypto mining data centers to preserve electricity for other industries. Some miners in Norway are adopting sustainable solutions like heat recycling, despite increased restrictions. Share this article The Norwegian government said Friday that it intends to temporarily block the establishment of new data centers that engage

Norway to impose temporary restrictions on Bitcoin mining to save electricity Read More »

Arizona revives bid for seized crypto reserve fund through House Bill 2324

Arizona revives bid for seized crypto reserve fund through House Bill 2324

Arizona lawmakers are revisiting a previously rejected bill that would allow the state to manage a reserve fund built from seized cryptocurrencies. House Bill 2324 failed in an earlier House vote but is back in motion following a narrow 16–14 Senate decision on June 19. This decision returns the bill to the Arizona House for

Arizona revives bid for seized crypto reserve fund through House Bill 2324 Read More »

Russia’s Digital Ruble Marches Toward 2026 Mass Adoption

Russia’s Digital Ruble Marches Toward 2026 Mass Adoption

Russia’s digital ruble is poised for explosive mass adoption by 2026, as expanded pilots, surging participation, and robust infrastructure lay the foundation for a sweeping financial transformation. Digital Ruble Set to Reshape Russia’s Economy With Full Rollout Slated for 2026 Russia’s central bank digital currency (CBDC), the digital ruble, is advancing toward becoming a key

Russia’s Digital Ruble Marches Toward 2026 Mass Adoption Read More »

Only 30% of crypto miners comply with Russia’s new rules, finance ministry official says

Only 30% of crypto miners comply with Russia’s new rules, finance ministry official says

Key Takeaways Russia’s crypto mining sector is still largely unregistered despite new rules. The Russian government is considering increasing fines to enforce compliance with the crypto mining regulations. Share this article Russian Deputy Minister of Finance Ivan Chebeskov said Thursday that the country’s mining sector still operates largely in the shadows, with only 30% of

Only 30% of crypto miners comply with Russia’s new rules, finance ministry official says Read More »