Circle applied to charter First National Digital Currency Bank to become a federally regulated trust that would manage USDC reserves and expand …
Reserves
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Regulation
Texas to buy Bitcoin for state reserves long before Trump’s Bitcoin reserve delivers
by shayaanby shayaanTexas is now legally empowered to build its own Bitcoin reserve funded with taxpayer dollars before the federal government takes any comparable …
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USDC issuer Circle’s “moon landing moment” of its IPO and subsequently soaring stock price do little to change the stability of its …
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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest …
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Finance
US Congressmen introduce a bill to initiate the first comprehensive audit of America’s gold reserves
by shayaanby shayaanToday, four members of Congress, led by Thomas Massie, have introduced a bill to initiate the first comprehensive audit of America’s gold …
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Regulation
U.S. Federal Reserve’s New Supervision Chief Will Wield Crypto Authority
by shayaanby shayaanThe Federal Reserve — a key regulator of U.S. banking — is about to have a new vice chairman for supervision, Michelle …
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Coinbase, the largest U.S.-based crypto exchange, adoptedChainlink’s Proof of Reserve (PoR) system to verify the reserves backing its cbBTC token. This is …
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Mining
Tether vows Bitcoin mining dominance as Pakistan, UK politicians look to advance Bitcoin reserves
by shayaanby shayaanVegas glitters differently when thirty thousand badge-wearing bitcoiners clog the marble concourses of the Venetian, screens flashing a frothy $105-to-106k tape for …
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Circle’s USDC and Tether’s USDT are the two largest stablecoins in the world, with a combined market capitalization of over $210 billion. …
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Adoption
Strive eyes 75,000 distressed Bitcoin claims from bankrupt Mt. Gox estate for its reserves
by shayaanby shayaanStrive Asset Management Firm has partnered with 117 Castell Advisory Group to acquire distressed Bitcoin claims, including those linked to the long-defunct …