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Crypto News

Proposed South Carolina Bill Lets State Treasurer Invest 10% Of State Funds In Bitcoin

Proposed South Carolina Bill Lets State Treasurer Invest 10% Of State Funds In Bitcoin

Yesterday, Rep. Jordan Pace reintroduced Bill H. 4256, The “Strategic Digital Assets Reserve Act Of South Carolina”, into South Carolina’s House of Representatives. Highlights from the bill include the fact that it enables the State Treasurer to invest up to 10% of the funds under the state’s management into digital assets, including bitcoin, and that […]

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FDIC Says Banks Can Engage In Bitcoin And Crypto Without Prior Approval

FDIC Says Banks Can Engage In Bitcoin And Crypto Without Prior Approval

The Federal Deposit Insurance Corporation (FDIC) has issued new guidance allowing banks it supervises to engage in bitcoin and crypto activities without seeking pre-approval. This reverses a controversial policy imposed under the Biden administration. In a March 28 statement, the FDIC said banks can now participate in crypto-related services like custody and trading if they

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How To Measure The Success Of A Bitcoin Treasury Company

How To Measure The Success Of A Bitcoin Treasury Company

In the world of traditional finance, evaluating a company’s success usually means tracking revenue growth, earnings per share, or return on equity. But what happens when the core of a company’s strategy isn’t selling products or services, but accumulating Bitcoin? That’s the question facing a new class of Bitcoin treasury companies. These are publicly traded

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Proposed Bipartisan Legislation Recognizes Bitcoin As A Technology That Supports Democracy

Proposed Bipartisan Legislation Recognizes Bitcoin As A Technology That Supports Democracy

On Wednesday, the office of Rep. Gabe Amo issued a press release stating that Rep. Amo and Rep. Kim (R-CA) reintroduced a bipartisan resolution supporting the use of distributive ledger technologies (DLT), including blockchain, to “support democratic governance, human rights, freedom of information, transparency, and innovation around the world.” The resolution (the full text of

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GameStop Announces .3 Billion Fundraising Plan To Purchase Bitcoin

GameStop Announces $1.3 Billion Fundraising Plan To Purchase Bitcoin

GameStop Corp. (NYSE: GME) announced today that it intends to raise $1.3 billion through a private offering of convertible senior notes and will use the net proceeds from this offering for general corporate purposes, including the acquisition of Bitcoin. The move comes a day after the company revealed an update to its investment policy, allowing

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GameStop’s Bitcoin Move Looks Bold—But It Might Be Brilliant

GameStop’s Bitcoin Move Looks Bold—But It Might Be Brilliant

This week, GameStop quietly updated its investment policy to include Bitcoin as a treasury reserve asset. With approximately $4.78 billion in cash—nearly 37% of its $12.9 billion market cap—this move marks more than just a diversification of reserves. JUST IN: @GameStop updates its investment policy to add #Bitcoin as a treasury reserve asset. The company

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Congressman Ro Khanna Says Democrats Are Changing Their Tune On Bitcoin

Congressman Ro Khanna Says Democrats Are Changing Their Tune On Bitcoin

On March 11, 2025, Rep. Ro Khanna gave a short but impactful talk at the Bitcoin Policy Institute’s Bitcoin for America summit. “Bitcoin is transformational for so many people around the world,” Rep. Khanna stated at the summit. “That is why the Democratic Party should be embracing it as something that can create financial empowerment

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