Wyoming Lawmakers Introduce a Bitcoin Strategic Reserve Bill
Wyoming legislators have proposed “House Bill 0201” (or “HB0201”), which would permit the state treasurer to invest up to 3% of eligible state funds.
Coinbase Accuses FDIC of Blocking Access to Crypto Documents
Coinbase has filed a motion in federal court challenging the FDIC’s handling of its FOIA requests, arguing that the agency must comply with the court order and provide all relevant documents.
South Korea Issues Suspension Order Against Upbit
Upbit, one of South Korea’s largest cryptocurrency exchanges, may face sanctions for not complying with the country’s anti-money laundering and know your customer (KYC) requirements.
Swiss State-Owned Bank Launches Crypto Staking Service
Swiss government-owned investment bank PostFinance AG is now offering Ethereum staking to its customers.
Tether CEO Eyes US Expansion
Tether CEO Paolo Ardoino expressed interest in potentially expanding the company’s presence in the United States, but remains cautious as regulatory changes are still uncertain.
VanEck Files Application to Issue an Onchain Economy ETF
VanEck has applied to launch a new exchange-traded fund (ETF) focused on companies that build infrastructure for digital assets, rather than direct crypto exposure.
Report: Illicit Crypto Volumes Hit $51 Billion in 2024
According to a recent report by Chainalysis, the use of cryptocurrency for illicit activities is expanding and is expected to reach a total volume of $51 billion by 2024.
