Cantor Fitzgerald Chairman Brandon Lutnick personally verified Tether’s reserves when the firm began its relationship with the stablecoin giant, he said on …
Reserves
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Adoption
Ukraine plans first-of-its-kind Bitcoin reserves with reported support from Binance
by shayaanby shayaanUkraine is reportedly preparing legislation to become one of the first nations to officially hold Bitcoin in its national reserves. According to …
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At the TOKEN2049 conference in Dubai, Binance co-founder Changpeng Zhao (CZ) commended Bhutan’s strategic initiative to incorporate cryptocurrencies into its national reserves, …
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Markets
Tether Reveals $770,000,000 Physical Gold Bullion Reserves Backing XAUT Stablecoin
by shayaanby shayaanTether, the company behind several leading cryptocurrency stablecoins, including USDT, announced Wednesday that it holds $770 million in physical gold bullion reserves …
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Regulation
Federal Reserve’s Withdrawal of Crypto Guidance ‘Just Lip Service,’ Says Senator Cynthia Lummis – Here’s Why
by shayaanby shayaanRepublican Senator Cynthia Lummis of Wyoming says that the Federal Reserve withdrawing its crypto guidelines for banking institutions is just “lip service.” …
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The Swiss National Bank has rejected holding bitcoin reserves, citing concerns over cryptocurrency market liquidity and volatility. “For cryptocurrencies, market liquidity, even …
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Adoption
Swiss National Bank dismisses Bitcoin for reserves due to volatility concerns
by shayaanby shayaanThe Swiss National Bank rejected growing calls to adopt Bitcoin (BTC) as part of its foreign currency reserves, saying cryptocurrencies fail to …
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Adoption
Swiss crypto advocates urge central bank to add Bitcoin to national reserves
by shayaanby shayaanA coalition of crypto advocates in Switzerland is campaigning for the Swiss National Bank (SNB) to diversify its foreign reserves by acquiring …
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Adoption
Binance is advising nations on Bitcoin reserves as global interest grows
by shayaanby shayaanBinance is reportedly guiding several governments on establishing strategic Bitcoin reserves and developing clear crypto regulations. In an April 17 interview on …
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Another week, another Swedish lawmaker pushing Bitcoin into the national spotlight. On Monday, Dennis Dioukarev, a Member of the Riksdag representing the …