U.S. Senator Cynthia Lummis (R-WY) is optimistic that the confirmation of Michelle “Miki” Bowman as Vice Chairman for Supervision of the Federal …
Reserve
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Regulation
Federal Reserve Suffers $1,060,000,000,000 in Unrealized Losses As Central Bank’s Rate Hikes Pressure Bonds
by shayaanby shayaanThe Federal Reserve is now facing a whopping $1.06 trillion in unrealized losses on its balance sheet. The New York Federal Reserve …
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Regulation
Trump Media submits new SEC filing to purchase $2.3B Bitcoin reserve
by shayaanby shayaanTrump Media & Technology Group has filed a Form S-3 with the U.S. Securities and Exchange Commission, registering 85 million securities related …
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Finance
Chinese Firm Webus’ Stock Jumps After Filing With SEC for $300M XRP Strategic Reserve
by shayaanby shayaanChina-based Webus International (WETO) filed a Form 6-K with the U.S. Securities and Exchange Commission on Tuesday with plans to build a …
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Adoption
Conor McGregor doubles down on an Irish strategic Bitcoin reserve, tags Nayib Bukele ‘let’s chat’
by shayaanby shayaanFormer UFC champion and Irish presidential hopeful Conor McGregor is doubling down on his vision for an Irish strategic Bitcoin reserve. On …
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Regulation
UK’s Reform Party puts crypto tax cuts and Bitcoin reserve plan on its campaign agenda
by shayaanby shayaanThe United Kingdom political party Reform UK wants to make cryptocurrency one of its priorities to attract young voters. Party chairman Zia …
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The U.S. crypto reserves have been revealed to be 97% made up of Bitcoin, with Ethereum and stablecoins making up the remaining …
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Scams
Nigel Farage Pledges to Slash Crypto Capital Gains, Force UK Bitcoin Reserve
by shayaanby shayaanIn brief UK politician Nigel Farage pledged this week to pass a pro-crypto bill if made prime minister. Farage said he would …
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Markets
Pakistan to Establish a Bitcoin Strategic Reserve, Allocate 2000 Megawatts of Energy for Crypto Mining
by shayaanby shayaanLAS VEGAS, Nevada — The government of Pakistan has plans to establish a strategic bitcoin BTC reserve and support bitcoin mining, the country’s …
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Smart Contracts
Pakistan to Launch Strategic Bitcoin Reserve, Says Crypto Minister
by shayaanby shayaanA Crypto advisor of the Pakistani government announced on Wednesday that the country will launch a strategic Bitcoin reserve. Bilal Bin Saqib, …