Coinatory

Arizona Crypto Reserve Bill Advances Toward Final Vote Arizona’s Strategic Digital Assets Reserve Bill (SB 1373) is poised for a crucial final vote after gaining approval from the House Committee of the Whole on April 17. The bill, which allows the establishment of a Digital Assets Strategic Reserve Fund, would empower the state’s treasurer to manage digital assets seized through criminal proceedings. Under SB 1373, Arizona’s treasurer would be authorized to invest up to 10% of the fund’s total v... cryptocurrency news

Trump’s Digital Asset Council Eyes Expanding U.S. Bitcoin Reserves Former President Donald Trump's presidential council on digital assets executive director Bo Hines has reiterated the administration's commitment to increasing the amount of Bitcoin held in the US. Hines stressed the need of preserving and expanding the country's holdings of the top cryptocurrency in the world while speaking at a Blockworks event in New York on March 18. Comparing the buildup of Bitcoin to national gold reserves, Hines said, ... Coinatory cryptonews

U.S. Government Controls $16B in Bitcoin, Eyes 1M BTC Under New Bill According to a new estimate by Nansen, as of March 12, the U.S. government owned 195,234 Bitcoin (BTC), worth more than $16 billion. Along with Bitcoin, the government's cryptocurrency portfolio also consists of Ethereum (ETH), which is valued at $4.6 million, yield-bearing assets like DAI and AUSDC_V2, and stablecoins like USD Coin (USDC). Laws to Increase Bitcoin Holdings Rep. Nick Begich recently sponsored a bill that would greatly incr... Coinatory

Trump Expands U.S. Crypto Reserve to BTC, ETH, SOL, XRP, ADA By instructing the President's Working Group on Digital Assets to include Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cardano (ADA), US President Donald Trump has expanded the reach of the country's crypto reserve. The President's position on cryptocurrency reserves has changed significantly as a result of the declaration. First, Trump stressed a "strategic national Bitcoin stockpile" in his Bitcoin 2024 keynote address in Nashville... Coinatory

Altvest Capital Seeks $10M to Adopt Bitcoin as Treasury Asset In an attempt to become the first publicly traded African company to do so, Johannesburg-based Altvest Capital is seeking regulatory approval to fund $10 million in order to make Bitcoin (BTC) its main treasury reserve asset. Warren Wheatley, the CEO of Altvest Capital, stated in a Feb. 21 interview with Bloomberg that the company has already purchased one Bitcoin and is currently requesting permission to raise more money through a share... Coinatory

Texas Plans Bitcoin Reserve as 2025 Priority Texas is positioned as a pioneer in incorporating cryptocurrency into its financial strategy after Lieutenant Governor Dan Patrick announced intentions to create a Texas Bitcoin Reserve. The plan is expected to be a top legislative priority in the 2025 session, further solidifying Texas' standing as a blockchain-friendly state. “Over the last four years, the Texas Senate held the line, fighting back against President Biden’s disastrous agenda... cryptocurrency news

South Dakota Eyes Bitcoin Reserve as Crypto Adoption Grows In a major step toward recognizing Bitcoin as a state asset, South Dakota is ready to debate a historic law that would add the cryptocurrency to its financial reserves. State Representative Logan Manhart announced the initiative on X, stating, “I am proud to say I will be bringing a bill in the South Dakota House that would create a strategic Bitcoin reserve. This is one of the rare opportunities the government has to take the initiative... Coinatory cryptocurrency news

Trump Signs Executive Order to Bolster U.S. Crypto Leadership The creation of the Presidential Working Group on Digital Asset Markets through an executive order issued by former President Donald Trump is a significant move for the bitcoin industry. Eleanor Terrett, a reporter for Fox Business, said the goal of this project is to strengthen the US' standing as a global leader in digital finance. The goal of the recently established Working Group is to develop a federal regulatory framework for digital as... Trump Signs Executive Order to Bolster U.S. Crypto Leadership

Wyoming Proposes Bill for Strategic Bitcoin Reserve Wyoming has introduced a landmark bill titled “State Funds—Investment in Bitcoin,” aimed at establishing a Strategic Bitcoin Reserve. The move positions Wyoming as a leader in financial innovation, just days before Donald Trump’s presidential inauguration on January 20. The proposal allows Wyoming state funds, including the general fund, the Permanent Wyoming Mineral Trust Fund, and the Permanent Land Fund, to allocate up to 3% of their value... cryptonews today

Japan's Government Addresses Bitcoin Reserve Proposal Japan's government has officially responded to Senator Satoshi Hamada's recent request that Bitcoin be used as a reserve asset. The government has adopted a cautious approach, highlighting the constraints that come with the legal and financial frameworks. The suggestion mentioned the increased interest in incorporating Bitcoin into national reserves around the world, especially from the US. Regarding the use of Bitcoin as a reserve asset... crypto news today