In brief Texas is seeking to become the second U.S. state to formally adopt a Bitcoin reserve. The bipartisan bill has passed all legislative hurdles, barring a final concurrence vote. Lawmakers voted 101-42, reflecting a […]
In brief The Texas House passed Senate Bill 21 on second reading with a 105-23 vote, advancing it to third reading. An amendment adopted Tuesday requires eligible cryptocurrencies to maintain a $500 billion market cap […]
In brief South Korean actor Hwang Jung-eum admitted in court to embezzling $3.1M (₩4.34B) from her agency to invest in crypto. SBS Plus channel removed her segments from the final episode of Because I’m Single […]
In brief El Salvador’s Bitcoin stash is now worth over $644 million, up $137 million in one month. The country added 30 BTC last month despite IMF loan terms restricting public-sector crypto buys. The U.S. […]
Elon Musk’s AI chatbot Grok had a strange fixation last week—it couldn’t stop talking about “white genocide” in South Africa, no matter what users asked it about. On May 14, users started posting instances of […]
Sen. Richard Blumenthal (D-CT) skewered the Trump family’s crypto firm, World Liberty Financial, on Friday—for what he called its “seriously inadequate” response to a Senate inquiry into the company’s business practices. “This seriously inadequate response […]
In brief AUSTRAC has fined crypto exchange Cointree for failing to submit suspicious matter reports within required timeframes. The exchange self-disclosed the reporting lapses and is taking steps to improve internal compliance systems. AUSTRAC CEO […]
In brief MoonPay and Mastercard will enable stablecoin payments across 150 million merchants. The deal follows Mastercard’s recent partnerships with OKX, Nuvei, and Circle. Visa is also piloting stablecoin services in six Latin American countries. […]
In brief U.S. Senators Cynthia Lummis (R-WY) and Bernie Moreno (R-OH) urged the Treasury to exempt unrealized crypto gains from a Biden-era tax rule they say unfairly burdens U.S. companies. The 2022 Corporate Alternative Minimum […]
In brief Arizona Governor Katie Hobbs vetoed SB 1024 and SB 1373, the latter a complementary custody bill to the Bitcoin investment plan blocked last week. SB 1025, vetoed earlier, would have allowed up to […]
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