Latest News and Articles about Bitcoin Reserve
US Treasury Explores Bitcoin Custody Options Amid Strategic Reserve Expansion
US Treasury Explores Custody Options for Strategic Bitcoin Reserve The US Treasury is exploring options for securing its strategic Bitcoin reserve, which currently holds nearly 200,000 BTC valued at around $17.5 billion. Discussions with top cryptocurrency custody companies are underway to determine whether the government should self-custody its Bitcoin or utilize third-party custody services. This […]
Read MoreScaramucci Proposes U.S. Strategic Bitcoin Reserve to Boost Economy
Scaramucci: Bitcoin Will Help the United States Anthony Scaramucci, the well-known financier and Bitcoin advocate, has ignited discussions with his proposal for a U.S. Strategic Bitcoin Reserve. He envisions this reserve as a cornerstone for America’s financial resilience, drawing parallels to the storied gold reserves at Fort Knox. Despite Scaramucci’s enthusiasm, the Bitcoin market’s response […]
Read MoreSenator Lummis Proposes U.S. Bitcoin Reserve, Signals Mainstream Crypto Acceptance
Senator Lummis Pushes for U.S. Bitcoin Reserve: A Potential Game-Changer Senator Cynthia Lummis is set to meet industry leaders on March 11 to discuss a groundbreaking bill that could see Bitcoin added to U.S. national reserves, signaling a significant step toward mainstream acceptance of cryptocurrency. Lummis meeting on March 11 to discuss Bitcoin reserve bill […]
Read MoreMontana Rejects Bitcoin Reserve Bill Amid Diverse U.S. Crypto Regulation Approaches
Montana’s Rejection of Bitcoin Reserve Bill: A Snapshot of U.S. Crypto Regulation Can you imagine your state government holding Bitcoin in its reserves? Montana just said no, but why? The recent rejection of a bill that would have allowed the state to hold Bitcoin in its reserve fund has spotlighted the diverse approaches states are […]
Read MoreMontana House Rejects $50M Bitcoin Reserve Bill Amid Growing Global Trend
Montana House Rejects Bitcoin Reserve Bill Amid Global Trend On February 22, 2025, Montana’s House of Representatives decisively rejected House Bill No. 429, with a vote of 41-59, halting the state’s potential leap into investing $50 million in cryptocurrencies, primarily Bitcoin, as a state reserve asset. Montana House rejects Bitcoin reserve bill by a vote […]
Read MoreGeorgia’s Second Bitcoin Bill Proposes Unlimited State Investments
Georgia’s Bold Leap: Second Bitcoin Reserve Bill Introduced Without Investment Limits – Georgia introduces second Bitcoin reserve bill, SB 228, with no cap on investments. – SB 228 differs from SB 178, which allowed only 5% of state assets into Bitcoin. – 21 U.S. states are considering similar legislation, with Utah predicted to lead. Georgia […]
Read MoreUtah’s Historic Bitcoin Reserve Bill Advances to Senate, Eyes on Final Vote
Utah Advances Bitcoin Reserve Bill, Nears Final Senate Vote Utah is on the brink of making history as the first U.S. state to officially recognize Bitcoin as a reserve asset, with its groundbreaking bill, HB230, advancing to a crucial Senate vote. As a champion of financial innovation, Utah’s move could be a game-changer for the […]
Read MoreMichigan Proposes Up to 10% of State Funds in Bitcoin Reserve and New Stablecoin, MichCoin
State-Led Crypto Adoption: Michigan Proposes Strategic Bitcoin Reserve Michigan is making a bold move into the world of cryptocurrencies, with Representatives Bryan Posthumus and Ron Robinson introducing a bill, HB 4087, to establish a strategic Bitcoin reserve. This initiative could see up to 10% of the state’s funds invested in digital assets, including a proposed […]
Read MoreKentucky Proposes Bitcoin Reserve with HB376: Joins 15 Other States
Kentucky’s Bold Bet on Bitcoin: HB376 Proposes State Reserve Kentucky, known for its bourbon and bluegrass, is now making headlines for its financial innovation with the introduction of HB376, a bill aimed at establishing a Bitcoin reserve. This move places Kentucky as the 16th US state to explore such a venture post-2024 presidential election, signaling […]
Read MoreMissouri’s Bold Move: Proposing Bitcoin Reserve to Combat Inflation
Missouri Proposes Bitcoin Reserve to Bolster State Finances Against Inflation Missouri Representative Ben Keathley has introduced House Bill 1217, aiming to establish a Bitcoin Strategic Reserve Fund to diversify the state’s financial portfolio and hedge against the erosive effects of fiat currency inflation. Establishes Bitcoin Strategic Reserve Fund Enables state to accept cryptocurrency payments Requires […]
Read MoreSouth Dakota Pioneers Bitcoin Reserve, Amid Federal Crypto Policy Surge
South Dakota’s Bold Step: Leading the US in Establishing a Bitcoin Reserve South Dakota is on the brink of becoming the first state in the US to establish a Bitcoin reserve, a move spearheaded by Representative Logan Manhart. Amidst a surge in federal initiatives led by David Sacks, President Trump’s cryptocurrency czar, this development underscores […]
Read MoreUS Lawmakers Launch Crypto Regulation Group as Trump Explores National Bitcoin Reserve
US Lawmakers Form Working Group to Draft Crypto Rules as Bitcoin Reserve Plan Gains Traction US lawmakers have established a working group to draft a regulatory framework for digital assets and stablecoins, aligning with the Trump administration’s exploration of a national Bitcoin reserve led by White House Crypto Czar David Sacks. US lawmakers initiate crypto […]
Read MoreFederal Reserve Rejects Bitcoin Reserves, Yet States Forge Ahead
Bitcoin Reserve Dreams Dashed by Federal Reserve, Yet States Like Texas and Florida Charge Ahead Austan Goolsbee, President of the Federal Reserve Bank of Chicago, has made it clear that the Federal Reserve isn’t warming up to the idea of holding Bitcoin as a reserve asset anytime soon. Despite the crypto community’s enthusiasm for a […]
Read MoreTrump’s Pro-Crypto Shift: Bipartisan Bitcoin Reserve Proposed
Trump Admin Eyes Bipartisan Bitcoin Reserve, Scaramucci Spills Anthony Scaramucci recently shed light on the Trump administration’s evolving stance on cryptocurrencies, highlighting a potential bipartisan Bitcoin reserve and shifting regulatory tides. As the political landscape changes, the future of Bitcoin and other digital assets is becoming increasingly clear, yet fraught with challenges and opportunities. Trump’s […]
Read MoreVinny Lingham’s Poll Sparks Debate: Should U.S. Crypto Reserve Be Bitcoin-Only?
Vinny Lingham’s Crypto Reserve Poll Ignites Debate Over Bitcoin and Altcoins Vinny Lingham, a notable internet entrepreneur, stirred up the cryptocurrency community with a recent poll on X (formerly Twitter) about the proposed U.S. digital asset reserve. Should it be exclusively Bitcoin, or should it include other cryptocurrencies like XRP, ETH, and SOL? With Bitcoin […]
Read MoreTexas Pioneers State Bitcoin Reserve with Senate Bill 21
Texas Eyes a Bitcoin Reserve: A New Frontier in State Finance “Texas isn’t just messing around with its economy; they’re going full throttle into Bitcoin,” declared Lieutenant Governor Dan Patrick as he unveiled his plan for 2024. With a GDP of $2.4 trillion, Texas is setting its sights on establishing a state-level Bitcoin reserve through […]
Read MoreCzech Republic’s $7.3B Bitcoin Reserve Plan Spurs U.S. Senator Lummis to Action
Senator Lummis Urges Swift U.S. Action as Czech Republic Eyes Bitcoin Reserve The Czech Republic’s potential move to establish a Bitcoin reserve, allocating over $7.3 billion into the cryptocurrency, has prompted U.S. Senator Cynthia Lummis to call for the United States to expedite its own Strategic Bitcoin Reserve. Lummis emphasizes the critical need for the […]
Read MoreSouth Dakota Eyes Bitcoin Reserve Amid Trump’s Crypto Push: A Game-Changer?
South Dakota’s Bold Move: Considering a Bitcoin Reserve Bill Amid Trump’s Pro-Crypto Push South Dakota is poised to make a groundbreaking move in the cryptocurrency realm by considering a bill that would allow the state to hold Bitcoin in its reserves. This proposal emerges amidst a renewed interest in cryptocurrency policy, spurred by former President […]
Read MoreRipple CEO Sparks Debate: Opposes Bitcoin-Only Reserve, Advocates for Multi-Crypto Inclusion
Ripple CEO Brad Garlinghouse Clashes with Bitcoin Advocates Over Proposed Reserve Ripple CEO Brad Garlinghouse has sparked a fierce debate by opposing a Bitcoin-only strategic reserve. Instead, he advocates for a reserve that includes multiple cryptocurrencies to represent the diverse digital asset industry. This stance has intensified the ongoing rivalry between Bitcoin and XRP communities, […]
Read MoreArizona Senate Approves Historic Bitcoin Reserve Bill, Paving Way for Crypto Investment
Arizona Senate Committee Approves Groundbreaking Bitcoin Reserve Bill – SB1025 In a pioneering move that could reshape the future of cryptocurrency in the U.S., Arizona’s Senate Finance Committee has approved the Arizona Strategic Bitcoin Reserve Act (SB1025). This bill allows the state to invest up to 10% of its public funds in Bitcoin and other […]
Read MoreTrump’s Bold Move: U.S. Explores Strategic Bitcoin Reserve Amid Global Debate
Is Bitcoin the New Gold? The Strategic Implications of a U.S. Reserve President Donald Trump’s recent executive order, aimed at exploring the creation of a strategic Bitcoin reserve, has sparked intense debate and speculation across the cryptocurrency industry and beyond. This bold initiative seeks to position Bitcoin as a national asset, mirroring the U.S. Strategic […]
Read MoreCrypto Industry Urges Trump to Ban Digital Dollar, Back Bitcoin
The Crypto Industry Urges Trump to Ban the Digital Dollar The cryptocurrency industry is making a bold play, urging President Donald Trump to nix the idea of a US Central Bank Digital Currency (CBDC), better known as the Digital Dollar, and instead throw his support behind the decentralized darling, Bitcoin. This push reflects deep-seated fears […]
Read MoreWyoming Proposes Strategic Bitcoin Reserve to Boost Economy
Wyoming’s Bold Bet on Bitcoin: A Strategic Reserve Proposal Wyoming is making a bold move into the world of cryptocurrency by proposing a strategic Bitcoin reserve, aiming to diversify its economy and embrace the future of finance. Wyoming proposes strategic Bitcoin reserve Aims to diversify economy and promote blockchain Follows trend of U.S. states embracing […]
Read MoreMassachusetts Joins Eight States Proposing Bitcoin Reserve Law
Massachusetts Leads the Charge: Eighth State to Propose Bitcoin Reserve Law In a move that could reshape the financial landscape, Massachusetts has become the eighth U.S. state to propose a Bitcoin reserve law, joining a growing trend of states recognizing cryptocurrency as a potential state asset. Eighth state to propose Bitcoin reserve law Bill introduced […]
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