The global mining industry is undergoing significant transformation, with one of the key developments being Bitmain’s announcement to open its first Bitcoin mining hardware manufacturing plant in the United States.
U.S. Senator Cynthia Lummis has introduced a new proposal. Her bill seeks to officially allow the use of digital assets in mortgage applications.
Payment giant PayPal (NASDAQ:PYPL) has launched a new feature that allows small businesses in the U.S. to accept over 100 different cryptocurrencies as payment — including major coins like Bitcoin and Ethereum, as well as niche tokens like Donald Trump’s meme coin (TRUMP).
A strong federal push to integrate crypto assets into mortgage evaluations is facing sharp criticism, as lawmakers warn of destabilizing shocks to the US housing finance system.
The U.S. government holds $24 billion worth of Bitcoin, the U.K. holds $7 billion, and Bhutan holds $1.3 billion, according to blockchain analytics firm Arkham, which conducted a wallet-linking investigation. However, the lack of official data on crypto reserves means these estimates may be far from the real numbers.
Emma Loftus, head of PNC’s treasury management, told Bloomberg Tax that cryptocurrency trading will initially be available to clients of the bank’s investment offices that manage assets.
New Hampshire, Arizona, and Texas have already passed legislation to create bitcoin reserves. Meanwhile, similar initiatives were rejected in Pennsylvania, Montana, North Dakota, South Dakota, and Wyoming. In 17 other states, similar bills are still under review
The largest U.S. crypto exchange, Coinbase, has launched perpetual futures trading for U.S.-based users. The platform offers contracts on Bitcoin and Ethereum.
Polymarket founder and CEO Shayne Coplan announced that demand for prediction markets is growing, and acquiring QCEX “will allow Americans to trade on a regulated prediction market platform.”
The GENIUS Act laid the groundwork for the issuance of regulated stablecoins pegged to the US dollar, and the Treasury views blockchain technology as a key element of the future international financial system—where the US dollar is expected to play a central role, according to the Secretary.
Tether will legally offer its USDT stablecoin in the United States under a program for foreign issuers in accordance with the GENIUS Act, signed by Donald Trump on Friday.
US President Donald Trump wants to allow $9 trillion in pension savings to be invested in cryptocurrency.
An estimated 70 officials from Donald Trump’s administration own cryptocurrency or invest in blockchain companies, with assets ranging from modest amounts to as much as $120 million.
The advisor to the President of El Salvador believes that US attempts to integrate Bitcoin into the state financial system could undermine the decentralized nature of the asset. According to Max Keiser, pressure from authorities and potential crackdowns by regulatory agencies threaten the independent existence of the first cryptocurrency, and it could disappear from open access.
Українська
Русский
English