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johnsonapollo42

@johnsonapollo42

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Another Bitcoin reserve bill is also making its way through Arizona’s Senate. The Strategic Bitcoin Reserve Act (SB 1025), co-sponsored by Republican Senator Wendy Rogers and Representative Jeff Weninger, also passed the Senate’s third reading on Feb. 27 with a vote of 17 for and 11 against.
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Under the proposed legislation change, Ohio state retirement funds will also be required to evaluate the potential risks and benefits of investing in a crypto exchange-traded fund and report back to the General Assembly within a year.
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By comparison, Franklin Templeton’s Franklin Bitcoin ETF (EZBC), a spot Bitcoin ETF, pulled roughly $50 million in net inflows on its first day after launching in January 2024, according to data from Statista.
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Meanwhile, asset manager Hashdex’s Nasdaq Crypto Index US ETF (NCIQ) has garnered just over $1 million since launching on Feb. 14, according to Hashdex’s website.
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The first such criteria will require that all government payments have a payment categorization code, which was “frequently left blank, making audits almost impossible.”
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Crypto has become a lucrative business for the German stock exchange Boerse Stuttgart, which reported a significant revenue boost from digital asset trading services.
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The lawsuit, which was filed in the High Court of England and Wales, stems from a joint mining venture called 2040 Energy. Tether and Swan set up the operation in 2022 before Swan accused former employees of stealing proprietary information as part of a “rain and hellfire” sabotage campaign.
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The lawsuit was confirmed by Tether, which issued the following statement to Cointelegraph:
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Most importantly, we must abandon the notion that technical barriers serve as valuable filters for user participation. Every potential user turned away by complexity represents a failure in the mission to democratize finance and technology.
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The next wave of crypto innovation won’t come from adding more complexity — it will come from making our existing technology accessible to everyone. Success in this endeavor means measuring platforms not by the sophistication of their architecture but by how effectively they hide that sophistication behind interfaces that anyone can use.
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https://warpcast.com/augustwilson081/0xe86570ac
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The newsletter also explores Tether’s jarring lawsuit against Swan Bitcoin, the emerging role of institutional crypto and a looming TikTok ban in the United States.
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Meta’s commitment to free speech apparently doesn’t extend to backlinks to decentralized social media networks. According to a 404 Media report, Facebook has been actively removing links to Instagram competitor Pixelfed and Mastodon, an open-source social networking service.
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https://warpcast.com/augustwilson081/0x1a8ea7cf
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Leading DeFi protocols are beginning to recognize this, implementing features like gasless transactions, human-readable addresses and simplified onboarding processes. However, these improvements often feel like patches rather than fundamental redesigns with user experience at the core.
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Leading DeFi protocols are beginning to recognize this, implementing features like gasless transactions, human-readable addresses and simplified onboarding processes. However, these improvements often feel like patches rather than fundamental redesigns with user experience at the core.
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Armstrong reportedly met with Trump in November to discuss personnel appointments, suggesting the crypto exchange could significantly influence US policy.
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Coinbase vice president of US policy Kara Calvert told Cointelegraph the exchange was “eager to work” with the incoming Trump administration but did not specifically mention plans for a national BTC reserve.
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The president-elect has reportedly floated the idea of making crypto a national priority in 2025, which would purportedly include plans for a BTC stockpile — one of his campaign promises to the industry.
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With the leadership of the US Securities and Exchange Commission set to fall under the Trump administration starting on Jan. 20, it’s unclear what the status of legal cases filed against Coinbase — and vice versa — will be going forward.
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