Senator Lummis Urges Speed With Crypto Clarity Act

Pro-bitcoin Senator Cynthia Lummis has said that bipartisan work is going into the crypto Clarity Act but warned that some lawmakers are still making unreasonable demands.   The Republican, speaking to Fox Business Wednesday, said that she had been working with Democratic lawmakers into the night to get the bill over the line.  But she said … Read more

Bitcoin Treasury Firm Strategy Pledges $250 A Year To Employee Trump Accounts

Bitcoin treasury company Strategy has said it will contribute to Trump Accounts for the children of its U.S. employees, becoming the latest major public company to layer corporate money on top of the federal savings program. The Tysons Corner, Virginia-based company (Nasdaq: MSTR) announced it will deposit $250 annually into a Trump Account for every … Read more

Asset Manager 3iQ To Manage Bhutan’s Bitcoin Reserves

Canadian digital asset manager 3iQ Corp. will work to manage some of the Bitcoin reserves of Bhutan’s Gelephu Mindfulness City project.  3iQ, Canada’s biggest and oldest digital asset fund manager, will not only manage the 10,000 Bitcoins pledged to build the new region, but also invest in local talent and establish a long-term physical presence … Read more

AI Bust Could Send Bitcoin Above $1M, Arthur Hayes says

BitMEX co-founder Arthur Hayes said the debt-fueled artificial intelligence infrastructure boom could end in a 2008-style credit crisis and predicted the resulting government liquidity response could drive Bitcoin (BTC) to $1 million or higher.  In a Tuesday blog post, Hayes said investors have mistakenly treated spending on data centers and power infrastructure as high-growth technology … Read more

Bybit Secures Austrian E-Money License for EU Payments

Bybit’s European payments subsidiary has secured an electronic money institution license in Austria, providing the exchange with a regulatory basis to add payment and e-money services to its regional platform.  On Tuesday, Bybit said Bybit Payments GmbH received the license from Austria’s Financial Market Authority. The authorization provides a legal basis for future payment capabilities, … Read more

Hester ‘Crypto Mom’ Peirce Optimistic About Clarity Act

The Security and Exchange Commission’s outgoing commissioner, Hester Peirce, has expressed optimism that the long-awaited Clarity Act will pass.  Speaking on CoinDesk’s The Policy Protocol show, the regulator said that passing the law would help the SEC in drafting regulation.  Lawmakers are pushing to get a vote on the crypto market structure bill — or … Read more

Self Custody Is Dead. Long Live Self Custody

The Coldcard hack last week dealt a low blow to certain elements of the Bitcoin industry. A somber introspection has begun to question many of the practices and assumptions involved in securing bitcoin at a retail level. The consequences of this process might not be visible for many months.  Some are saying that self-custody is … Read more

FBI Agent Accused Of $1 Million Crypto Theft

A Federal Bureau of Investigation agent allegedly took $1 million in seized cryptocurrencies before turning himself in, according to court records.  Documents unsealed this week allege Patrick Steven Yaroch, who was a FBI Supervisory Special Agent working at the FBI Headquarters Counterintelligence and Espionage Division, claimed he “was frustrated that the FBI could not or … Read more

Bitdeer Signs $4.7B AI Data Center Lease in Norway

Bitcoin mining company Bitdeer has signed a 16-year lease agreement valued at as much as $4.7 billion to secure artificial intelligence and high-performance computing data center capacity, underscoring how crypto miners are increasingly expanding into AI infrastructure as demand for computing power grows. Under the agreement, Bitdeer will provide 121 megawatts of IT capacity at … Read more