Bitcoin reserve bill introduced in Brazil

Bitcoin adoption could get another boost from Brazil. This is after a Brazilian Congressman introduced a bill proposing adoption of BTC as national reserve asset. US lawmakers are also pushing for a Bitcoin strategic reserve. A Congressman in Brazil has introduced a Bitcoin reserve bill, adding the country to a growing list of nations looking […]

Bitfinex Securities launches first tokenized US Treasury bill in El Salvador

Bitfinex Securities is teaming up with NexBridge to bring a tokenized US Treasury bill to El Salvador. USTBL leverages Bitcoin’s technology of Liquid Network and Blockstream AMP. Proceeds of the $30 million initial raise are to be allocated in iShares Treasury Bond 0-1yr UCITS ETF, per the announcement. Bitfinex Securities and NexBridge, a digital asset […]

Pennsylvania House passes bipartisan Bitcoin bill

Pennsylvania House of Representatives have passed “The Bitcoin Rights Bill”, with a bipartisan majority of 176 to 26. The bill seeks regulatory clarity to the digital assets industry, including on self-custody, payments and taxation. Pennsylvania has passed “The Bitcoin Rights Bill”, a new legislation that seeks regulatory clarity to the crypto industry. While the US […]

North Carolina approves bill on state study of Bitcoin

The “State Precious Metals Depository Study” bill received bipartisan support and passed 75-38. North Carolina could look into adding Bitcoin to its State Treasury if the bill is passed. In May, the house voted for another bill that seeks to ban CBDCs in the state.  North Carolina’s lower house has passed a bill that could […]