Cryptocurrency Updates

SWEDISH MP CALLS FOR NATIONAL STRATEGIC BITCOIN RESERVE REVIEW

Swedish MP Rickard Nordin proposed a strategic Bitcoin reserve, suggesting the government retain confiscated Bitcoin instead of selling it, citing its potential as an inflation hedge similar to gold. The proposal, submitted as a written inquiry to Finance Minister Elisabeth Svantesson, reflects growing global interest in Bitcoin as a reserve asset, with the U.S. also

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VISA IS JOINING THE GLOBAL DOLLAR NETWORK (USDG), A STABLECOIN GROUP LED BY PAXOS, ALONGSIDE ROBINHOOD, KRAKEN, AND GALAXY DIGITAL

Visa has partnered with the Global Dollar Network (USDG), a stablecoin initiative led by Paxos, joining major crypto players like Robinhood, Kraken, and Galaxy Digital to enhance global crypto adoption through a regulated, US dollar-pegged stablecoin. USDG, issued by Paxos in Singapore, aligns with the Monetary Authority of Singapore’s upcoming stablecoin framework, offering seamless, low-cost,

VISA IS JOINING THE GLOBAL DOLLAR NETWORK (USDG), A STABLECOIN GROUP LED BY PAXOS, ALONGSIDE ROBINHOOD, KRAKEN, AND GALAXY DIGITAL Read More »

Strategy just bought more Bitcoin!

Strategy, led by Michael Saylor, has been aggressively stacking Bitcoin. Based on recent reports, they acquired 3,459 BTC for $285.8 million, bringing their total holdings to over 531,644 BTC—roughly 2.5% of Bitcoin’s total supply. This move comes after a Q1 2025 buying spree of 80,715 BTC for $7.69 billion, despite unrealized losses of $5.91 billion

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Еl Salvador’s President Nayib Bukele lands in the U.S. ahead of his scheduled meeting with President Trump at the White House on Monday. Will they talk about Bitcoin?

El Salvador’s President Nayib Bukele and U.S. President Donald Trump, both vocal Bitcoin supporters, are likely to discuss the cryptocurrency during their April 14, 2025, White House meeting, though no official agenda confirms this. Bukele pioneered Bitcoin as legal tender in El Salvador in 2021, building a national reserve of over 6,130 BTC, currently worth

Еl Salvador’s President Nayib Bukele lands in the U.S. ahead of his scheduled meeting with President Trump at the White House on Monday. Will they talk about Bitcoin? Read More »

SENATOR LUMMIS HINTS THE USA MIGHT START BUYING 1 MILLION BITCOIN WITHOUT PASSING THE BILL

Senator Cynthia Lummis, a Wyoming Republican, hinted on a Coin Stories interview that the U.S. might buy 1 million Bitcoin without new legislation, leveraging existing executive authority after Trump’s 2025 Strategic Bitcoin Reserve order. This move could bypass the BITCOIN Act (introduced July 2024), which proposed a formal reserve to bolster the U.S. dollar, signaling

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President Trump has signed the resolution to repeal the IRS DeFi broker rule

President Trump signed a resolution on April 10, 2025, repealing the IRS DeFi broker rule, which was a Biden-era regulation requiring decentralized finance (DeFi) platforms to report transaction data and collect user information to the IRS. The rule, finalized in December 2024, aimed to treat DeFi platforms like traditional brokers, mandating them to issue Form

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NEW: VanEck submits application to list an $AVAX ETF on Nasdaq

As of today, April 10, 2025, there have been notable moves in this space. VanEck initially registered an Avalanche ETF in Delaware on March 10, 2025, and followed up with an S-1 filing to the SEC on March 14, 2025, aiming to launch a spot AVAX ETF. This filing was intended to provide investors with

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Pro-crypto Paul Atkins has been confirmed as the new SEC chair

Paul Atkins has been confirmed as the new chair of the U.S. Securities and Exchange Commission (SEC). The Senate approved his nomination on April 9, 2025, with a 52-44 vote, largely along party lines. Atkins, a former SEC commissioner from 2002 to 2008 and a known advocate for lighter regulation, is seen as a pro-crypto

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