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
100 Reasons For Bitcoin
National Bitcoin reserves can directly fund university research programs, creating a sustainable cycle of innovation that benefits both academic institutions and government operations. When nations allocate a portion of their Bitcoin holdings to university blockchain labs, they establish research centers that advance cryptographic security, develop talent pipelines, and create practical
Bitcoin
South Carolina has dismissed its lawsuit against Coinbase regarding its staking services, according to a joint stipulation filed on March 27. The state joins Vermont in dropping legal action that had accused the crypto exchange of offering unregistered securities. "South Carolina just joined Vermont to dismiss its unfounded staking
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France's state-owned public investment bank Bpifrance has revealed plans to accelerate its crypto investment strategy with a €25 million ($27 million) fund dedicated to digital assets. The announcement comes as part of a broader effort to support French companies and venture capitalists in the blockchain industry. The bank
100 Reasons For Bitcoin
Nations that store Bitcoin in sovereign facilities gain protection against foreign asset seizures, a benefit unavailable with traditional reserves held in overseas accounts. When a country keeps its Bitcoin private keys within secure national boundaries, those assets cannot be frozen or confiscated by external powers regardless of geopolitical tensions. This
Bitcoin
Edan Yago, founder of Sovryn and BitcoinOS, is developing a system to transform Bitcoin into a platform for digital ownership. Born into a family of Holocaust survivors and raised in South Africa, Yago's early experiences smuggling gold coins out of the country between ages nine and eleven shaped
Bitcoin
The Blockchain Group has acquired 580 Bitcoin (BTC) in its largest cryptocurrency purchase to date. This purchase represents the France-based tech consulting company's third Bitcoin acquisition since it began its accumulation strategy in November 2024. The latest purchase is considerably larger than the company's previous acquisitions
100 Reasons For Bitcoin
Nations adopting Bitcoin reserves gain access to unprecedented transparency through blockchain transaction data, enabling real-time economic monitoring that traditional financial systems cannot match. Bitcoin's public ledger allows governments to observe capital movements, transaction volumes, and network activity without relying on delayed reports or incomplete data from intermediaries. This
Bitcoin
BlackRock, the world's largest asset manager, has introduced its first bitcoin exchange-traded product in Europe. The new offering, called "iShares Bitcoin ETP," is now available on exchanges in Paris, Amsterdam, and Frankfurt, according to the company's product page. The Switzerland-domiciled product represents BlackRock'
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Congressman Ro Khanna (D-CA) reports that Democratic politicians are increasingly supporting Bitcoin, with party members who favor the cryptocurrency growing from about 10 to nearly 80 in recent years. Khanna made these remarks at the Bitcoin Policy Institute's Bitcoin for America summit on March 11, 2025, according to
100 Reasons For Bitcoin
Nations that adopt Bitcoin as part of their reserves gain a powerful tool for public diplomacy through blockchain-based aid distribution. When countries send development funds or disaster relief using Bitcoin's public ledger, every transaction becomes transparent and trackable. This transparency builds trust with recipient nations and their citizens,
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GameStop has announced plans to invest corporate cash in Bitcoin following unanimous board approval. The video game retailer revealed this strategy on March 25, 2025, causing its stock to jump more than 6% in extended trading. The company plans to use a portion of its cash reserves or future debt