Minnesota Pioneers Crypto Integration with Bold Bitcoin Investment Bill
Minnesota State Senator Jeremy Miller introduces groundbreaking legislation allowing state investments in Bitcoin and cryptocurrencies. The Minnesota Bitcoin Act would enable crypto tax payments, retirement account inclusion, and tax exemptions on gains, positioning the state at the forefront of digital asset adoption.
Trump Administration Plans Major Bitcoin Acquisition Strategy for National Reserves
Former President Trump's administration unveils ambitious plans to acquire substantial Bitcoin holdings through budget-neutral methods, positioning the US as a digital asset leader. The initiative, spearheaded by crypto advisers Bo Hines and David Sacks, marks a significant shift in government approach to cryptocurrency assets.
Trump Announces Historic White House Crypto Summit, Signals Major Policy Shift
President Trump will host the first-ever White House Crypto Summit on March 7, gathering industry leaders and policymakers to shape the future of digital assets. The landmark event, led by key administration officials, marks a dramatic reversal from previous regulatory positions and aims to position America as a global cryptocurrency leader.
U.S. Law Enforcement Recovers $31M from Uranium Finance Crypto Heist
U.S. authorities have successfully recovered $31 million in cryptocurrency stolen during the 2021 Uranium Finance hack, representing 62% of the total theft. The breakthrough came through joint efforts between federal agencies, with assistance from on-chain investigators tracking the hacker's attempts to obscure funds through mixers and exchanges.
Montana Lawmakers Reject Landmark Bill for State Bitcoin Investment
Montana's House of Representatives has voted down a groundbreaking bill that would have allowed the state to invest taxpayer funds in Bitcoin and other major cryptocurrencies. The 59-41 vote reflects broader institutional concerns about cryptocurrency volatility and marks a setback for state-level digital asset adoption.
Binance US Resumes Dollar Services in Major Comeback After Regulatory Battles
Binance US announces the restoration of USD-based services for eligible American customers, marking a significant turnaround after nearly three years of suspension. The move follows regulatory progress with the SEC and includes features like bank transfers, crypto staking, and institutional trading platforms.
Texas Pioneers State-Level Bitcoin Reserve Initiative with Groundbreaking Bill
Texas lawmakers are considering revolutionary legislation that would establish the state as one of the first to maintain official cryptocurrency reserves. The Senate Bill 21 would authorize the Texas Comptroller's Office to acquire and manage Bitcoin, marking a significant step in state-level digital currency adoption.
Musk Explores $5,000 DOGE-Funded Stimulus Checks Proposal
Elon Musk signals openness to discuss a plan with President Trump about distributing $5,000 checks to American taxpayers using government efficiency savings. The unprecedented proposal would tap into the Department of Government Efficiency's projected $2 trillion in cost reductions.
22 US States Consider Historic Bitcoin Reserve Legislation Worth $23.7 Billion
Nearly two dozen US states are exploring groundbreaking legislation to establish Bitcoin reserves, potentially accumulating 247,000 BTC valued at $23.7 billion. The widespread initiative, led by states like Texas and Florida, signals growing mainstream acceptance of cryptocurrency for public fund management.
Bitcoin Dips as Unexpected US Inflation Jump Dampens Rate Cut Hopes
Bitcoin and major cryptocurrencies declined after US January inflation hit 3.0%, exceeding forecasts and raising concerns about delayed Federal Reserve rate cuts. Fed Chair Powell's Senate testimony emphasized a cautious approach, suggesting higher rates may persist longer than markets anticipated.