U.S. States Move to Establish Strategic Bitcoin Reserves

2024-12-13 23:56

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states reserves → Результатов: 59


Pennsylvania House Moves To Add Bitcoin To State Balance Sheet As Reserve Asset

As President-elect Donald Trump prepares to take office again in January, his proposal to create a national Bitcoin reserve is gaining momentum across the United States.  Several states are now reportedly considering plans to establish their own cryptocurrency reserves, reflecting a broader movement to recognize Bitcoin as a legitimate store of value. Pennsylvania’s Bitcoin Strategic […]

2024-11-15 22:25


Binance Bitcoin Reserves Shed $200 Million Amid Ex-CEO’s US Detainment Threat

After the cryptocurrency exchange and its former CEO, Changpeng Zhao, entered a guilty plea to federal charges in the United States, Binance’s Bitcoin reserves were reduced by $200 million. Although CZ has paid his bond, prosecutors are attempting to have him stay in the US until he is sentenced. Based on on-chain data collected by […]

2023-11-24 08:36


US watchdogs issue joint warning to banks over liquidity risks stemming from crypto, stablecoin reserves

United States regulators issued a joint statement to banks on February 23 warning of liquidity risks stemming from cryptocurrency-related clients and their deposits, Reuters reported. The post US watchdogs issue joint warning to banks over liquidity risks stemming from crypto, stablecoin reserves appeared first on CryptoSlate.

2023-2-24 20:08


CryptoSlate Wrapped Daily: Ethereum losses deflationary gains; Andre Cronje reveals how DeFi saved Fantom

The biggest news in the cryptoverse for November 29 includes exchanges dismissing rumors of insolvency, NEXO releasing proof of reserves, Andre Cronje revealing how DeFi helped Fantom grow its reserve, United States politician Beto O’Rourke returning a $1 million donation to Sam Bankman-Fried, and ETH erasing 80% of deflationary gains post-FTX collapse.

2022-11-30 01:26


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DIGau–a Security Token Backed by Gold Deposits in the United States—has been Approved for Listing on CryptoSX

Dignity Corporation, an established US-based digital security that is crafting a revolutionary approach by leveraging gold reserves to peg against its token as a security, has announced that its security token DIGau has been approved for trading on CryptoSX—a digital asset exchange that allows investors from across the world to invest in cryptocurrencies in aRead More

2022-1-5 17:30


World Economic Forum States That Stablecoins Could Temper US Dollar Domination Risk

Stablecoins are cryptocurrency assets with their value tied to a specific asset, like gold or the US dollar. They serve many purposes in the industry, but an opinion piece in the World Economic Forum states that they may be able to curb the potential threat of global foreign currency reserves domination of the US dollar. […]

2019-11-29 23:13


Trump Hates Bitcoin but Nations May Hold Crypto Reserves in 10 Years

Balaji Srinivasan, a former partner at a16z and former CTO at Coinbase, has said that in the future, every nation state may have to hold crypto. Srinivasan, who now operates as an angel investor, said: “Ten years after the launch of Bitcoin, the President of the United States and the Chair of the Federal Reserve […] The post Trump Hates Bitcoin but Nations May Hold Crypto Reserves in 10 Years appeared first on CCN Markets

2019-7-13 14:36


Today, Circle released the latest attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of May 31, 2019 at 11:59 PM Pacific Time: USD Coin (“USDC”) tokens issued and outstanding = 333,854,877 USDC US Dollars held

2019-6-18 18:25


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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.

2019-4-27 01:30


Wyoming Passes Bill to Secure Banking Relations for Blockchain Companies

The state of Wyoming has passed a blockchain bill that allows banks to provide banking services to blockchain companies in the state. According to the legislative document, the new bill would create a new banking category called the Special Purpose Depository Bank, a group of financial institutions in the state that provide banking services to blockchain-based businesses.

2018-12-3 19:48


Independent Accounting Firm Grant Thornton LLP Issues Attestation Report on US Dollar Reserves Backing USDC Tokens in Circulation

Today, Circle released the first attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. The report states that as of October 31, 2018 at 11:59 PM UTC: USD Coin (“USDC”) tokens issued and outstanding = 127,408,827 USDC US Dollars held in

2018-11-21 19:00


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Poloniex Revised Terms of Use, Shutters Services in Several Countries

With a revision to the popular exchange’s terms of use, users from a handful of jurisdictions will have their access to Poloniex shuttered. According to an October 18, 2018, update, “the websites and the services offered by Poloniex (as defined below) are NOT addressed to persons who have their registered office or place of residence in China, Germany, Pakistan, the U.

2018-10-26 22:46