Latest News and Articles about Bitcoin Reserves
KuCoin Refutes 77% Bitcoin Reserve Drop, Reveals 106% Ratio in Latest Report
KuCoin Denies Claims of 77% Bitcoin Reserve Drop, Calls Figures Misleading KuCoin has refuted claims of a drastic 77% drop in its Bitcoin reserves, labeling the circulating figures inaccurate and misleading. The exchange released its latest Proof of Reserves report, showing a 106% Bitcoin reserve ratio, and emphasized its commitment to transparency and user security. […]
Read MoreBrazil’s Top Official Reaffirms Bitcoin Reserve Plan Amid Global Trend
Brazil’s Top Official Doubles Down on Bitcoin Reserve Plan Pedro Guerra, chief of staff to Brazil’s Vice-President Geraldo Alckmin, has reaffirmed his commitment to adding Bitcoin to Brazil’s sovereign reserves, signaling a significant shift in how the nation views digital currencies. Guerra advocates for Bitcoin in Brazil’s reserves. Proposal supported by Congressman Eros Biondini’s bill. […]
Read MoreSouth Korea Rejects Bitcoin Reserves, Echoing Global Central Bank Caution
South Korea Joins Global Choir in Rejecting Bitcoin Reserves Amid Crypto Enthusiasm On March 17, 2025, South Korea’s central bank, the Bank of Korea, announced its rejection of Bitcoin as a reserve asset, citing the cryptocurrency’s notorious volatility. Despite the country’s vibrant crypto scene, this decision aligns with global trends where other major central banks […]
Read More24 U.S. States Eye $23.7B Bitcoin Reserves: A New Era in Public Finance
The Growing List of U.S. States Embracing Bitcoin Reserves Nearly two dozen U.S. states are exploring the potential of Bitcoin reserves as a strategic investment, signaling a shift in public finance management. Nearly two dozen U.S. states exploring Bitcoin reserve legislation Potential for collective acquisition of 247,000 BTC, valued at $23.7 billion States see Bitcoin […]
Read MoreSwiss Initiative to Add Bitcoin to Central Bank Reserves Sparks Global Interest
Swiss Push for Bitcoin in Central Bank Reserves Gains Global Attention Switzerland is spearheading a campaign to include Bitcoin in its central bank reserves, a move that could set a global precedent in integrating cryptocurrencies into national financial strategies. Swiss initiative to include Bitcoin in central bank reserves Public referendum requires 100,000 signatures Switzerland’s leadership […]
Read MoreJapan and Russia Reject Bitcoin Reserves, U.S. Explores Strategic Asset
Japan and Russia Firmly Reject National Bitcoin Reserves Amid Global Uncertainty Japan and Russia have both taken a cautious stance by rejecting the establishment of national Bitcoin reserves, primarily due to concerns over cryptocurrency volatility and legal frameworks. Meanwhile, the United States and Brazil are actively exploring Bitcoin acquisition as part of their financial strategies. […]
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