Bitcoin
Florida has officially withdrawn two bills aimed at establishing a state-level strategic Bitcoin reserve, dealing a blow to cryptocurrency advocates in the state. According to CoinDesk, Florida's House Bill 487 and Senate Bill 550 have been "indefinitely postponed and withdrawn from consideration" on May 3. The
100 Reasons For Bitcoin
Property rights tokenization on Bitcoin-based protocols offers nations a streamlined approach to managing real estate ownership and transfers. Countries that incorporate Bitcoin reserves gain direct access to blockchain infrastructure that enables property rights to be represented as digital tokens, reducing administrative overhead by up to 90% and cutting transaction settlement
News
The Global Bitcoin Policy Index (GBPI) provides the first comprehensive assessment of national regulatory frameworks for Bitcoin across 35 countries worldwide. Our analysis reveals a stark policy divide: high-performing nations like Switzerland, Singapore, and El Salvador have developed balanced frameworks that address risks while enabling innovation, while restrictive or unclear
Bitcoin
OKX founder and CEO Star Xu publicly defended the cryptocurrency exchange against accusations from Tron founder Justin Sun regarding the handling of a law enforcement request. According to Cointelegraph, Sun claimed OKX failed to respond to a "freeze notice" sent to its official email from a "relevant
Bitcoin
Governor Katie Hobbs of Arizona has vetoed a bill that would have allowed the state to invest in Bitcoin using seized funds, effectively ending the state's bid to become the first in the nation to adopt cryptocurrency in its official reserves. The legislation, Senate Bill 1025, proposed creating
100 Reasons For Bitcoin
Bitcoin-based disbursements for social services create verifiable transaction records that anyone can audit, potentially reducing corruption in public assistance programs. When governments allocate Bitcoin for housing subsidies, education grants, or healthcare initiatives, these transactions become permanently recorded on the blockchain. This transparency allows citizens, journalists, and watchdog organizations to track
News
CANNES EMBRACES CRYPTOCURRENCY PAYMENTS Merchants in Cannes, France, home of the renowned Cannes Film Festival, will begin accepting cryptocurrency payments by summer 2025, with municipal officials targeting a 90% adoption rate among local businesses. According to Cointelegraph, the initiative aims to attract high-net-worth visitors by modernizing the city's
Bitcoin
Ethereum co-founder Vitalik Buterin announced a plan to simplify Ethereum's base protocol, drawing inspiration from Bitcoin's minimalist design approach. In a blog post titled "Simplifying the L1" published on May 3, 2025, Buterin outlined his vision to restructure Ethereum's architecture across consensus,
100 Reasons For Bitcoin
Nations that adopt Bitcoin as part of their reserves gain opportunities to form strategic alliances with other crypto-friendly states. Countries like El Salvador and the Central African Republic have already established Bitcoin reserves, creating potential for formal agreements on joint mining operations, cross-border payment systems, and digital asset research. These
News
According to BeInCrypto, a cryptocurrency investigator ZachXBT announced the freezing of approximately $7 million in Bitcoin stolen during a recent $330 million theft. The recovery effort involved collaboration with several partners including Cryptoforensic Investigators, security expert tanuki42_, and Binance's security team. This case represents one of the largest
Bitcoin
US SEC-registered investment advisory firm Two Prime has ended support for Ether and adopted a Bitcoin-only strategy. The announcement came on May 1, after the firm provided $1.5 billion in loans across both Bitcoin and Ether over the past 15 months. Two Prime cited ETH's 45% value
Bitcoin
Bitcoin miner Riot Platforms reported record quarterly revenue of $161.4 million in Q1 2025, exceeding Wall Street estimates of $159.79 million by 1%. Despite this milestone, the company posted a net loss of $296,367, a stark contrast to the $211,777 net income reported in the same
100 Reasons For Bitcoin
A dual system combining central bank digital currencies (CBDCs) for daily transactions and Bitcoin reserves for long-term value storage offers nations a balanced monetary approach. This framework allows governments to maintain control over everyday payment systems through CBDCs while simultaneously diversifying reserves with Bitcoin's scarcity-based value proposition. Technical
100 Reasons For Bitcoin
Nations that allocate a portion of their Bitcoin reserves toward grants for local developers and civic groups can drive technological advancement while maintaining public accountability. Several municipalities worldwide have begun testing this approach, with documented outcomes showing greater efficiency than traditional funding models. These Bitcoin-backed grants operate through transparent selection
Bitcoin
The Arizona House of Representatives has approved two bills that would allow the state to establish a cryptocurrency reserve. On April 28, lawmakers passed Senate Bill 1025 (SB1025) with 31 votes in favor and 25 against. This bill aims to amend Arizona statutes to create a strategic Bitcoin reserve. A
Bitcoin
Billionaire investor Ray Dalio has warned that the world is "on the brink" of a breakdown in the global monetary order. The former CEO of hedge fund Bridgewater Associates shared these concerns in an April 28 post on social media platform X. According to Dalio, the Trump administration&