Texas Governor Greg Abbott signed the “Bitcoin Reserve Bill” SB 21 into law on June 21, allowing the state to invest an …
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Fund
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Have you been keeping an eye on the intersection of traditional finance and blockchain? If so, you’ve likely heard the buzz around …
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Regulation
Texas governor signs bill to protect state Bitcoin reserve as a permanent fund if established
by shayaanby shayaanTexas Governor Greg Abbott has passed House Bill 4488 (HB4488), a bill that protects select state funds, including any Bitcoin reserve created …
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Regulation
Arizona revives bid for seized crypto reserve fund through House Bill 2324
by shayaanby shayaanArizona lawmakers are revisiting a previously rejected bill that would allow the state to manage a reserve fund built from seized cryptocurrencies. …
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Finance
BlackRock’s $2.9B Tokenized Treasury Fund Now Accepted as Collateral on Crypto.com, Deribit
by shayaanby shayaanThe largest tokenized U.S. Treasury fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), can now be used as collateral on two …
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Analysis
BlackRock’s $2,900,000,000 Tokenized Money Market Fund To Be Used by Crypto.com and Deribit: Report
by shayaanby shayaanBlackRock’s multibillion-dollar tokenized money market fund (BUIDL) is reportedly going to be used by the crypto exchange platforms Derebit and Crypto.com. According …
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Smart Contracts
Michael Saylor’s Strategy Plans Stock IPO to Fund Bitcoin Buys, Operations
by shayaanby shayaanIn short Strategy tries to pick up $ 250 million through preference stock shares. The shares that pay a 10% dividend are …
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Regulation
Goldman Sachs Banker Sentenced to Prison for Role in $4,500,000,000 Ransack of Malaysia’s State Investment Fund: Report
by shayaanby shayaanAn ex-Goldman Sachs banker is reportedly being sentenced to prison for his role in the massive $4.5 billion theft of the Malaysian …
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Ripple co-founder Chris Larsen has clarified that the San Francisco-based company did not actually fund the “Change the Code” campaign. As reported …
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Finance
Bad News from the US Treasury Secretary Regarding the US Sovereign Wealth Fund, Which Was Reportedly Planning to Purchase Bitcoin Too
by shayaanby shayaanUS Treasury Secretary Scott Bessent announced that the sovereign wealth fund plan launched at the behest of President Donald Trump has been …