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The Bank of Korea (BOK) has officially stated it has not considered adding bitcoin to its foreign exchange reserves. The statement came Sunday in response to a written query from a member of the National Assembly's Strategy and Finance Committee. According to the Korea Economic Daily, the central
100 Reasons For Bitcoin
Governments that allocate a portion of their Bitcoin reserves toward startup funding can create powerful economic engines within their borders. By establishing crypto grant programs and seed investment funds, nations can directly support entrepreneurs developing blockchain solutions, digital finance tools, and cryptocurrency infrastructure. These investments serve dual purposes: they maintain
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The race for Canada's next prime minister has become an even contest between Conservative Party leader Pierre Poilievre and Liberal Party leader Mark Carney. According to Polymarket betting pools, both candidates now stand at exactly 50-50 odds, with nearly $12 million wagered on the outcome. At the beginning
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The White House has confirmed that David Sacks and his venture capital firm sold more than $200 million in cryptocurrency and crypto-related stocks before he took on his role as the White House AI and crypto czar. A White House memorandum dated March 5 detailed these sales, according to Cointelegraph
100 Reasons For Bitcoin
Nations with Bitcoin reserves gain a strategic advantage in maintaining economic autonomy during international conflicts. When countries face sanctions or economic isolation, traditional reserve assets like foreign currencies or gold can be frozen, seized, or blocked from use in international transactions. Bitcoin offers an alternative payment and reserve system that
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Representative Byron Donalds has introduced legislation designed to protect President Donald Trump's strategic Bitcoin reserve from future administrations. The Florida Republican's bill would cement the reserve as a permanent part of U.S. policy, requiring significant congressional action to reverse, according to CCN reporting. The legislation
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Cathie Wood's Ark Invest has expanded its Bitcoin portfolio by purchasing 997 BTC worth $80 million through Coinbase on March 13. The transaction was executed in two parts – 498 BTC and 499 BTC – according to data from Arkham Intelligence, according to Yahoo finance reporting. The purchase comes at
100 Reasons For Bitcoin
Nations holding Bitcoin as part of their reserves gain a significant operational advantage: 24/7 access to liquidity. Unlike traditional markets that close on weekends and holidays, Bitcoin trades continuously, allowing governments to convert assets into fiat currency at any moment. This capability is particularly valuable during crises when immediate
Bitcoin
Modular blockchain Hemi Labs has officially launched its mainnet with $440 million in total value locked (TVL). The project aims to merge Bitcoin and Ethereum into "a single supernetwork," according to the company's announcement, according to Coindesk reporting. Founded by early Bitcoin developer Jeff Garzik, Hemi
Bitcoin
The Turkish Capital Markets Board (CMB) published two regulatory documents on March 13 outlining new rules for crypto asset service providers (CASPs). These regulations affect crypto exchanges, custodians, and wallet service providers operating in the country, according to Cointelegraph reporting. The CMB now has full regulatory control over crypto asset
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The Bank of Russia has proposed allowing large investors to directly purchase and trade cryptocurrencies in significant volumes. This change in Russian cryptocurrency policy, developed under presidential instructions, creates a legal pathway for substantial institutional investment in digital assets over a three-year experimental period. Under the plan, only "specially
100 Reasons For Bitcoin
Nations holding Bitcoin as part of their sovereign reserves could generate additional revenue through decentralized finance (DeFi) protocols. By allocating a portion of idle Bitcoin reserves to lending or staking activities on DeFi platforms, governments can earn yield while maintaining custody of their assets through non-custodial smart contracts. This approach
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Senator Tommy Tuberville has joined several lawmakers to introduce the "Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act," or BITCOIN Act, in the US Senate. The legislation aims to establish a Strategic Bitcoin Reserve as an additional store of value for America's balance sheet,
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Gemini crypto exchange is growing its trading capabilities for institutional clients in Europe by adding US dollar payment support. The exchange, founded by Cameron and Tyler Winklevoss, has partnered with Liechtenstein-based Bank Frick to enable US dollar payment rails for institutional customers in the United Kingdom and Switzerland - based
100 Reasons For Bitcoin
Countries that add Bitcoin to their national reserves create an environment that attracts digital nomads and remote workers from around the world. Nations with Bitcoin reserves tend to develop clear regulatory frameworks, widespread merchant acceptance, and robust digital payment infrastructure. These practical benefits transform such countries into prime destinations for
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Wyoming Republican Senator Cynthia Lummis has reintroduced legislation to create a strategic bitcoin reserve, following President Donald Trump's recent executive order on the matter. The bill, known as the "Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act" or BITCOIN Act, was previously proposed in