Tag: US
Oklahoma Introduces a Bitcoin Strategic Reserve Bill
Reading time: < 1 minuteA new bill, proposed by state Representative Cody Maynard and known as the Strategic Bitcoin Reserve Act, aims to designate Bitcoin as a strategic reserve asset in Oklahoma.
CFTC to Review Crypto.com Super Bowl Derivatives Contracts
Reading time: < 1 minuteThe Commodity Futures Trading Commission is currently examining Super Bowl and other sports-related derivatives contracts traded on Crypto.com’s exchange to determine their legality.
Binance Faces Class Action Lawsuit in US
Reading time: < 1 minuteThe highest court in the United States has rejected the appeal of Binance and its former CEO Changpeng Zhao, to revisit a previous ruling by a lower court that the cryptocurrency exchange is subject to US securities laws.
Trump Plans to Issue a Crypto Executive Order on First Day
Reading time: < 1 minuteOn Trump’s first day in office, the administration plans to issue executive orders with a focus on digital assets and blockchain technology.
VanEck: Block Could Become First Company in S&P with a BTC Strategy
Reading time: < 1 minuteBlock has the potential to become the first company with a clear Bitcoin strategy to be added to the S&P 500.
Oklahoma Proposes a Bill to Allow Bitcoin Payments
Reading time: < 1 minuteDusty Deevers, a senator from Oklahoma, has proposed the Bitcoin Freedom Act, a bill that would grant employees and businesses in the state the option to receive Bitcoin for their payments and salaries.
IRS Puts Off New Crypto Tax Reporting Requirements
Reading time: < 1 minuteThe US Internal Revenue Service yesterday announced that it will delay the implementation of new tax reporting requirements for cryptocurrencies until the beginning of 2026.
Judge Postpones Trial Between CFTC and Gemini to July 21
Reading time: < 1 minuteA federal judge in New York has delayed the trial between the Commodity Futures Trading Commission (CFTC) and Gemini Trust Company, which was originally set to begin on January 13.
Galaxy Digital: US Government Will Not Purchase Bitcoins in 2025
Reading time: < 1 minuteIn light of the US government’s hesitation towards purchasing more Bitcoin, MicroStrategy, led by Michael Saylor, continues its aggressive accumulation of the digital currency under its 21/21 plan.
Crypto.com Unveils an Institutional Crypto Custody Service in US
Reading time: < 1 minuteCrypto.com has recently launched a new institutional cryptocurrency custody service, known as Crypto.com Custody Trust Company, in the United States.