GameStop’s Bitcoin Gambit: A Calculated Shift in Corporate Crypto Strategy
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Weekly News Briefs: Ethereum ETF Surge, Chainlink’s Data Edge, and Cold Wallet Presale
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Ripple’s Strategic Move: Exploring the Trademark for “Ripple Custody”
In a bold step toward expanding its footprint in the digital finance landscape, Ripple Labs has filed a trademark for “Ripple Custody.” This development signals the company’s potential entry into the crypto custody market—a domain…
Cynthia Lummis Appointed Chair of U.S. Senate Banking Subcommittee on Digital Assets
Senator Cynthia Lummis has been appointed as the chair of the newly established U.S. Senate Banking Subcommittee on Digital Assets. This announcement marks a pivotal moment in the legislative landscape, as the subcommittee aims to advance bipartisan…
New Hampshire to introduce state Bitcoin reserve
New Hampshire has introduced a bill to establish a state Bitcoin reserve. This initiative, spearheaded by Republican Representative Keith Ammon, aims to diversify the state’s financial holdings by investing in digital assets and precious metals.…
Bitwise Files for Crypto Treasury ETF
In a significant move for the cryptocurrency market, Bitwise Asset Management has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF). This ETF, named the Bitcoin Standard Corporations ETF,…
U.S. Court Rules Bitcoin and Ethereum as Commodities
In a landmark decision last week, an Illinois court ruled that Bitcoin and Ethereum are to be classified as digital commodities. This ruling affirms the Commodity Futures Trading Commission’s (CFTC) authority over these major cryptocurrencies, providing…
White House Rejects FIT 21’s Current Form, Seeks Collaborative Regulation
In a recent turn of events, the White House has officially expressed its opposition to the passage of the Financial Innovation and Technology for the 21st Century Act (FIT 21) in its current form. Despite this, the administration has conveyed a clear…
Bank of Japan publishes its recent report on CBDC probe into “digital yen”
The Bank of Japan (BoJ) has been at the forefront of this exploration, delving into the potential of a ‘digital yen’. The latest report from the BoJ sheds light on the ongoing investigation into the CBDC, marking a significant step in the evolution of…