The White House has announced that it will hold the first Crypto Summit on Friday, March 7, for prominent founders, CEOs, and investors from the crypto industry, along with members from the President’s Working Group on Digital Assets. At a time when market sentiment, as measured by the Crypto Fear and Greed Index, reaches its […]
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The Arizona Senate took a significant step toward modernizing state finance by advancing two crypto reserve bills that could lead to state-managed digital asset funds on Feb. 27. Lawmakers have argued that creating a dedicated crypto reserve prepares Arizona for an inevitable federal regulatory framework and positions the state to harness emerging financial technologies to […]
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Ukraine is advancing efforts to legalize crypto, with lawmakers expected to vote on a long-awaited bill in the coming months, local media reported on Feb. 28. However, uncertainty remains over how digital assets will be taxed, a key issue that could impact the country’s growing crypto sector. Ukraine is exploring a crypto tax rate between 5% […]
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BlackRock incorporated Bitcoin (BTC) into its $150 billion model-portfolio offerings through its iShares Bitcoin Trust ETF (IBIT) exchange-traded fund (ETF), Bloomberg News reported on Feb. 28. The asset manager has assigned 1% to 2% of its target allocation portfolios to IBIT. As of Dec. 17, the fund registered over $36 billion in net flows, amassing […]
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CME Group revealed the Solana (SOL) futures launch on Mar. 17, pending regulatory approval, citing increasing client demand. Nate Geraci, CEO of The ETF Store, noted that the development “definitely bodes well” for SOL exchange-traded fund (ETF) prospects. According to a Feb. 28 statement, the new Solana futures contracts will be available in two sizes: […]
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The Trump Organization is broadening its digital ambitions with a new trademark filing that points to an imminent entry into the blockchain space. The filing, submitted on Feb. 24, by DTTM Operations LLC to the US Patent and Trademark Office, reveals plans for a proprietary “TRUMP” mark that will underpin a suite of digital offerings, […]
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The Texas Senate Banking Committee unanimously approved a bill on Feb. 27 to create a state-managed Bitcoin (BTC) and crypto reserve, sending the proposal to the full Senate for consideration. Senate Bill 21 (SB-21), introduced by State Sen. Charles Schwertner, authorizes the Texas Comptroller of Public Accounts to acquire, manage, and trade Bitcoin and other […]
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A recent report by River revealed that hedge funds and registered investment advisors’ (RIA) exposure to Bitcoin (BTC) via exchange-traded products (ETF) reached $34.3 billion as of Dec. 31, showing a 357% growth last year. The report highlighted that 458 RIAs have BTC exposure, with the weighted average allocation being 0.02%. Notably, investment advisors’ exposure […]
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Oklahoma’s effort to establish a state Bitcoin reserve took a step forward on Feb. 25 after the House Government Oversight Committee approved HB 1203, moving it to the full House for further debate. The Strategic Bitcoin Reserve Act, introduced by Rep. Cody Maynard in January, passed the committee with a 12-2 vote in favor. If […]
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Traditional financial giants Bank of America and PayPal are making bold moves in the stablecoin sector, signaling the rising institutional interest in the sector, which is worth over $200 billion. On Feb. 26, reports emerged that the Bank of America would introduce a stablecoin once the US regulatory landscape became apparent. At the same time, […]
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Strive Asset Management has called on GameStop to allocate a significant portion of its $5 billion cash reserves to Bitcoin. In a Feb. 24 letter, Strive CEO Matt Cole outlined how Bitcoin adoption could reshape the gaming retailer’s financial strategy and market position. Cole emphasized that holding Bitcoin as a treasury asset could establish GameStop […]
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Crypto trading in India is booming, particularly in smaller cities, as investors look for new opportunities amid slow job growth and tightening financial regulations, Reuters reported on Feb. 25, citing local industry participants. Trading volumes on the country’s top four exchanges more than doubled last quarter, reaching $1.9 billion, according to data from CoinGecko. The […]
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El Salvador and Tokyo-listed Bitcoin treasury firm Metaplanet have taken advantage of BTC’s recent price drop to expand their investments in the leading crypto. This move comes as Bitcoin’s value fell to a three-month low below $90,000 due to a broader market downturn that resulted in over $1 billion in liquidation. El Salvador boosts Bitcoin […]
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Leading financial industry groups have urged President Donald Trump’s administration to roll back federal policies they say have restricted US banks from engaging in digital asset markets and warned that regulatory overreach is hampering American leadership in financial innovation. In a letter sent to David Sacks, Special Advisor for Artificial Intelligence and Crypto and chair […]
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Strategy co-founder Michael Saylor has urged the US government to acquire up to 20% of Bitcoin’s (BTC) total supply, arguing that doing so could strengthen the dollar and potentially offset the national debt. Speaking at the Conservative Political Action Conference (CPAC) on Feb. 20, Saylor positioned Bitcoin as a strategic asset, cautioning that if the […]
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Today, at Consensus Hong Kong, Jason Fang announced the MicroStrategy 2.0 framework for Asia. The framework leverages structured products to generate Bitcoin yield, allowing retail investors to enhance performance without the need for private key management. Per Sora Ventures, Fang’s remarks underlined a strategic effort to translate institutional-style Bitcoin treasury management into a model accessible […]
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French lender Societe Generale’s unit SG-FORGE launched its euro-backed stablecoin, EUR CoinVertible (EURCV), on the Stellar blockchain, expanding its multichain strategy and reinforcing compliance with the EU’s Markets in Crypto-Assets (MiCA) regulation. The move aims to provide businesses and financial institutions with a secure, transparent, and scalable digital euro option, leveraging Stellar’s blockchain infrastructure for […]
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Sanctioned entities received $15.8 billion in crypto in 2024, accounting for 39% of all illicit crypto transactions, according to the 2025 Crypto Crime Report by blockchain analytics firm Chainalysis. The report highlighted how increasing geopolitical tensions and financial restrictions drove nations like Iran and Russia to turn to digital assets to evade sanctions. The US […]
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Hong Kong’s Securities and Futures Commission has outlined a new ASPIRe roadmap for asset regulation. The agency’s statement details a framework that sets parameters for market entry, investor protection, and operational transparency in the digital asset space. Per an SFC document, the plan introduces a five-pillar “ASPIRe” approach—access, Safeguards, Products, Infrastructure, and Relationships—to address the […]
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The Bank of New York Mellon (BNY Mellon) disclosed holdings of more than $13 million in Bitcoin exchange-traded funds (ETFs) at the end of the fourth quarter, marking another sign of traditional financial institutions increasing their exposure to digital assets. According to a newly filed disclosure with the SEC, BNY Mellon owns 115,108 shares of […]
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Nigeria’s Securities and Exchange Commission (SEC) is working on a plan to tax crypto transactions as part of a broader effort to increase government revenue, Bloomberg reported on Feb. 18. According to the report, the regulatory body intends to bring eligible crypto transactions on licensed exchanges under the country’s tax framework. Meanwhile, a bill outlining the […]
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Institutional investors held 25.4% of the assets under management (AUM) of spot Bitcoin (BTC) exchange-traded funds (ETFs) as of Dec. 31 — totaling $26.8 billion. K33 Research head of research Vetle Lunde shared that the percentage of Bitcoin ETF AUM held by institutions grew 113% between the third and fourth quarters of 2024. Additionally, the AUM […]
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HK Asia Holdings made its first Bitcoin (BTC) purchase in what it described as a symbolic but strategic move toward integrating digital assets into its financial strategy. The Hong Kong-listed company acquired 1 BTC on Feb. 13 for $96,150 — approximately HK$750,000 — using internal funds. While the transaction remains small in scale, the company […]
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There is a need for a psychological shift in crypto design to achieve true democratization.
Metaplanet, a Japan-based Bitcoin investment firm, has made its first Bitcoin acquisition of the year, pushing its total holdings past 2,000 BTC. On Feb. 17, the firm announced that it expanded its holdings to 2,031 BTC, worth $195 million, by acquiring 269 BTC for ¥4 billion ($26 million). According to the press statement, the firm […]
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With Bitcoin dominance over 60% and most alts trailing like a lame horse, retail sentiment in the crypto market is reaching new lows. A previously rapid-fire, high-innovation space has become a breeding ground for meme coin trading, scams, and burnout. After a decade of growth and development, the market appears to have lost its way, […]
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State Senator Chris Rose has introduced legislation to permit the West Virginia Treasury to diversify its holdings by including digital assets and precious metals. The Inflation Protection Act of 2025, submitted on Feb. 14, proposes allowing investment in digital assets with a market capitalization exceeding $750 billion. Currently, this applies only to Bitcoin (BTC), with […]
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State Street and Citi are considering offering crypto custody services. According to a report from The Information, the banks aim to provide safekeeping solutions to institutional investors, traders, and large funds. A bank executive told the report that State Street plans to roll out crypto custody services next year. The institution is one of the […]
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In recent 13F form filings, Abu Dhabi’s sovereign wealth fund Mubadala Investment Company and the State of Wisconsin Investment Board revealed exposure to Bitcoin (BTC) through BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF). Mubadala’s filing shows over 8.2 million shares of IBIT worth nearly $437 million. According to the sovereign fund’s official website, this […]
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Robinhood CEO Vlad Tenev said the crypto-friendly environment gaining shape in the US would be a “tailwind” for the firm’s business due to the benefits stablecoins and tokenization offer compared to the traditional financial system. During an interview with Bloomberg TV, Tenev praised the “innovation-friendly regime,” which would boost Robinhood’s traditional and crypto businesses and […]
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