Bitcoin
Malta's Financial Intelligence Analysis Unit (FIAU) has fined Okcoin Europe, the European subsidiary of cryptocurrency exchange OKX, 1.1 million euros ($1.2 million) for violations of Anti-Money Laundering laws, according to an announcement on April 3. The fine comes despite acknowledgment from Maltese authorities that OKX has
100 Reasons For Bitcoin
The integration of Bitcoin's cryptographic infrastructure with national digital identity frameworks offers governments a significant advantage in modernizing public services. Bitcoin's robust wallet security protocols can be adapted to work alongside official electronic identity systems, creating a more efficient pathway for essential government functions like driver&
Bitcoin
Texas House Bill 4258, which would authorize the state comptroller to invest up to $250 million in bitcoin from the state's "Rainy Day Fund," has been referred to the Delivery of Government Efficiency Committee. The bill was introduced on March 11, 2025, with bipartisan support from
Bitcoin
Lawmakers in Minnesota and Alabama have filed companion bills that would allow their states to invest in Bitcoin. These proposals join similar initiatives in 24 other states across the US, as part of a growing movement to create state Bitcoin reserves. In Minnesota, Republican Representative Bernie Perryman introduced the Minnesota
100 Reasons For Bitcoin
Nations holding Bitcoin reserves can benefit from strategically selling portions during price surges, creating immediate funding for infrastructure development. When Bitcoin prices multiply during bull markets, governments can convert a small percentage of their holdings into fiat currency to finance roads, schools, hospitals, or energy projects without increasing taxes or
Bitcoin
Video game retailer GameStop Corporation has successfully completed a convertible debt offering that raised $1.5 billion. The company plans to use some of the proceeds to buy Bitcoin as part of its investment strategy, according to an April 1 filing with the Securities and Exchange Commission. The debt offering
Bitcoin
The UK's Financial Conduct Authority (FCA) has approved BlackRock to operate as a crypto asset firm in the country. This approval allows BlackRock to arrange transactions and sales related to exchange-traded products issued by iShares Digital Assets AG, which are backed by crypto assets. The approval enables BlackRock
100 Reasons For Bitcoin
Bitcoin's blockchain technology enables national governments to conduct major financial transactions without relying on multiple third-party intermediaries. When nations engage in large-scale infrastructure projects or defense procurement deals worth billions, traditional settlement methods require various banks, clearinghouses, and financial institutions to verify and process payments. This often takes
Bitcoin
A bitcoin investor, Chun Wang, and three polar explorers launched from NASA's Kennedy Space Center Monday night on the first human spaceflight to traverse Earth's North and South poles. The SpaceX Falcon rocket headed southward over the Atlantic, putting the crew on a flight path never
Bitcoin
Japan-based Metaplanet has purchased 696 Bitcoin for 10.2 billion yen ($67 million), according to an April 1 announcement on X. This acquisition brings the company's total Bitcoin holdings to 4,046 BTC, worth more than $341 million at current prices. The purchase follows Metaplanet's recent
100 Reasons For Bitcoin
Blockchain technology records every Bitcoin transaction on a permanent, unalterable ledger, offering governments a transparent method for distributing public funds. This feature allows for direct tracking of money from national treasuries to end recipients, reducing corruption and ensuring resources reach intended beneficiaries in local projects, agricultural subsidies, and social programs.
Bitcoin
California Democrat Avelino Valencia has amended a money transmission bill to focus on Bitcoin and cryptocurrency rights. The changes could benefit the state's 39.4 million residents by securing crypto self-custody rights and other protections. Assembly Bill 1052 was introduced on February 20, 2025, as the Money Transmission
Bitcoin
BlackRock CEO Larry Fink has warned that the US dollar risks losing its world reserve currency status to digital assets like bitcoin if the United States fails to control its debt. In his annual letter to investors on Monday, Fink pointed out that while the US has long enjoyed the
100 Reasons For Bitcoin
Direct Bitcoin transactions between nations can substantially reduce tax complexity in international commerce. When countries hold Bitcoin reserves, they can execute cross-border payments without routing through multiple financial intermediaries, each potentially triggering tax events. This structural advantage removes layers of transaction costs that typically occur when funds pass through correspondent
Bitcoin
A high-ranking official from President Lula's administration has voiced support for adding Bitcoin to Brazil's national reserves. Pedro Giocondo Guerra, chief of staff to Vice President Geraldo Alckmin, made these comments during a recent congressional event, describing the potential move as valuable for the country'
Bitcoin
Founded in August 2021, Bitcoin Ekasi continues to grow in a township in Mossel Bay, South Africa. The project creates a circular Bitcoin economy in the community, where "Ekasi" is Afrikaans slang for "township." Its success builds on relationships established by The Surfer Kids, a non-profit