Bitcoin
Michigan lawmakers introduced four cryptocurrency bills on May 21, 2025, according to Cointelegraph. The legislative package addresses pension fund investments, central bank digital currency restrictions, Bitcoin mining at abandoned wells, and related tax policies. State Pension Fund Bitcoin Investment House Bill 4510, introduced by Representative Bill Schuette, would permit Michigan&
Bitcoin
Swedish health technology company H100 Group AB saw its shares rise 37% on May 22 after purchasing 4.39 Bitcoin for 5 million Norwegian krone ($490,830). The Stockholm-based firm bought Bitcoin at an average price of $111,785 per coin. Bitcoin Magazine reports H100 is Sweden's first
100 Reasons For Bitcoin
Government-backed cryptocurrency infrastructure fundamentally changes how businesses operate across borders. When nations establish formal partnerships with exchanges and payment processors, they create predictable conversion pathways between Bitcoin and local currencies. This infrastructure allows exporters to receive payments instantly from anywhere, while e-commerce platforms can accept global customers without traditional banking
Bitcoin
Crypto awareness in Singapore reached an all-time high of 94% in 2025, but actual ownership declined from 40% to 29%, according to Cointelegraph. Independent Reserve's fifth annual Singapore Crypto Market Survey, conducted in February with 1,500 participants, revealed this paradox between knowledge and participation. The survey showed
Bitcoin
The United Kingdom's Court of Appeal partially dismissed a lawsuit brought by Bitcoin SV investors against major cryptocurrency exchanges on May 21, 2025. Cointelegraph reports that the court rejected claims worth over £8.9 billion ($11.9 billion) from investors who held BSV during the 2019 delisting period.
100 Reasons For Bitcoin
Nations adopting Bitcoin as a strategic reserve asset generate substantial international media attention that translates into measurable economic benefits. El Salvador's 2021 Bitcoin adoption generated over $200 million in earned media value within the first quarter, while drawing record tourism numbers and positioning the country as a technology
Bitcoin
Swiss cryptocurrency financial service provider Bitcoin Suisse has received in-principle approval from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), marking its first expansion outside the European Union. According to Cointelegraph, the company secured this approval through its subsidiary BTCS (Middle East) Ltd, positioning the
Bitcoin
The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act passed a crucial procedural vote in the United States Senate with a 66-32 margin on May 20, advancing legislation that creates the first comprehensive federal framework for stablecoin regulation. According to Cointelegraph, the bill now heads to a Senate
100 Reasons For Bitcoin
Bitcoin transfers have proven effective in delivering financial aid to conflict zones where traditional banking infrastructure has collapsed. When war or political instability destroys financial systems, Bitcoin offers a reliable alternative for transmitting value across borders without intermediaries. This capability allows humanitarian organizations to send funds directly to affected populations
Bitcoin
A court decision in Australia could open the door to as much as $640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money rather than a taxable asset. According to Cointelegraph, the ruling emerged from a criminal case
100 Reasons For Bitcoin
Nations that diversify their reserves beyond traditional fiat currencies can reduce their vulnerability to geopolitical pressure. Bitcoin offers governments a way to hold value in a system that exists outside any single nation's control. By incorporating Bitcoin into national reserves, countries can protect themselves from having financial access
Bitcoin
Panama City Mayor Mayer Mizrachi has indicated a potential move toward establishing a city-level Bitcoin reserve following discussions with key figures from El Salvador's Bitcoin policy team. On May 16, 2025, Mizrachi posted a cryptic message reading "Bitcoin Reserve" on his social media account after meeting
100 Reasons For Bitcoin
Bitcoin's 24/7 operational capability provides governments with continuous access to liquid capital during emergencies, a feature traditional banking systems cannot match. While conventional financial markets shut down nights, weekends, and holidays, Bitcoin transactions continue uninterrupted across time zones and borders. This perpetual availability allows national treasuries to
Bitcoin
DDC Enterprise, also known as DayDayCook, a US consumer brand with Hong Kong roots and operations in mainland China, announced a Bitcoin reserve strategy in a shareholder letter on May 15. The company has acquired 100 BTC for approximately $10.4 million and plans to accumulate 5,000 BTC in
Bitcoin
Coinbase, the world's third-largest cryptocurrency exchange, revealed on May 15 that cybercriminals recruited overseas support agents to steal customer data in an extortion attempt. According to Cointelegraph, the company faces expected remediation costs between $180 million and $400 million as it pledged to reimburse phishing attack victims. Despite
100 Reasons For Bitcoin
Countries that incorporate Bitcoin into their national reserves can experience an unexpected benefit: increased tourism from cryptocurrency enthusiasts and regular travelers alike. Data shows that nations openly accepting Bitcoin as payment throughout their tourism sectors create practical advantages for international visitors. Hotels, transportation services, and entertainment venues that accept BTC