Michigan pushes ahead with strategic crypto reserve bill
Michigan’s crypto reserve bill has advanced to the committee stage, allowing 10% state investment in digital assets.
Why we Bitcoin — Vietnam closes 86M bank accounts that fail biometrics
Vietnam is reportedly closing 86 million bank accounts. Crypto advocates see it as the latest reason everyone should hold Bitcoin.
Canada’s TradeOgre seizure slammed as ‘theft from many innocent users’
Canadian police have seized $40 million in crypto from TradeOgre, which the exchange’s supporters have criticized as heavy-handed.
Trump weighs new CFTC chair candidates as Quintenz confirmation stalls
Trump is reportedly exploring other CFTC leadership options after the Winklevoss twins derailed Brian Quintenz’s nomination over enforcement disputes with the Gemini exchange.
Bitcoin could cop a 70% drawdown next bear market: Crypto analyst
Into The Cryptoverse founder Benjamin Cowen said such a steep drawdown isn’t guaranteed, but “history would at least caution us.”
Rex-Osprey’s XRP, DOGE ETFs ‘no slouch’ with $54M volume on debut
Novel ETFs tracking XRP and Dogecoin have surpassed analyst trading volume expectations, together seeing $54 million in trades on their debut.
PayPal expands PYUSD stablecoin to Tron, Avalanche and 6 other chains
PayPal is adding support for a permissionless version of its PYUSD stablecoin on Tron, Avalanche and several other blockchains via LayerZero and its Stargate Hydra bridge.
London Stock Exchange lists new Bitcoin staking ETP
While earning yield on Bitcoin holdings is still a novelty, there are opportunities to do so through centralized lending platforms and Bitcoin-related networks.
Nubank plans stablecoin integration for credit card transactions
Nubank Vice-Chairman Roberto Campos Neto said the bank will test stablecoin credit card payments, as adoption of stablecoins accelerates across Latin America.
Polymarket odds on CZ presidential pardon surge after X profile change
After stepping down in 2023 as part of a deal with US officials that later sent him to prison, Changpeng Zhao said he had “no plans to return to the CEO position” at Binance.