Bootstrap Gallery
  1. Home
  2. Policy
Latest Policy News 🔥
Policy
Texas Set to Invest $10 Million in Bitcoin Following Governor's Bill Signing
Following the signing of Senate Bill 21 by Governor Greg Abbott, Texas has made history as the first US state to establish a state-funded bitcoin reserve. This reserve will be managed separately from the main treasury, placing Texas among a select group of states exploring the potential of digital asset reserves. Notably, Texas is not only authorizing the reserve but also allocating $10 million t…
June 23, 2025, 7:17 p.m.
Policy
FTX Disputes Three Arrows Capital's $1.53 Billion Claim, Arguing Hedge Fund Owes Nothing
In a recent court filing, bankrupt cryptocurrency exchange FTX contested a $1.53 billion recovery claim by Three Arrows Capital, asserting that the hedge fund's risky trading strategy led to its downfall. FTX's lawyers argued that 3AC's own actions, rather than any wrongdoing by FTX, resulted in a substantial decline in the value associated with 3AC's accounts in June 2022. The filing stated that…
June 23, 2025, 5:45 p.m.
Policy
Trump's Cryptocurrency Ventures Remain a Concern for Some Democrats
US Senator Adam Schiff, a Democrat from California, has introduced legislation to ban senior government officials, including the President, from issuing or sponsoring cryptocurrencies. This move comes as the Senate shifts its attention from stablecoins to the broader crypto market structure. Schiff's bill, known as the Curbing Officials' Income and Nondisclosure Act, would prohibit these official…
June 23, 2025, 4:58 p.m.
Policy
Trump Family May Have Reduced Stake in Crypto Business Amid Positive Developments for US Stablecoins
The US stablecoin market is experiencing a surge in positive developments, with the Senate recently passing a bipartisan regulation bill. Coinciding with this development, it appears that President Donald Trump and his family have sold approximately 20% of their stake in the parent company of World Liberty Financial, a cryptocurrency business that includes its own stablecoin. According to the com…
June 20, 2025, 6:02 p.m.
Policy
Coinbase Secures MiCA License in Luxembourg, Expanding EU Operations
Coinbase, a leading cryptocurrency exchange, has been granted a European Union Markets in Crypto Assets (MiCA) license by Luxembourg, as announced in a recent statement. This development enables the exchange, ranked fifth globally in terms of volume according to CoinGecko, to extend its services across the 30 nations comprising the European Economic Area. Bybit, the second-largest exchange, secur…
June 20, 2025, 3 p.m.
Policy
Thai Regulatory Body Seeks Feedback on Proposed Rules for Utility Token Listings
Thailand's financial regulatory body has initiated a public consultation to discuss potential rules governing the issuance of utility tokens by cryptocurrency exchanges. The proposed regulations would permit exchanges, or affiliated parties, to create and issue utility tokens for use in blockchain-based transactions, according to information posted on the regulator's website. To prevent insider t…
June 20, 2025, 12:11 p.m.
Policy
Arizona Takes Step Towards Establishing Bitcoin Reserve Fund as Legislation Advances
The state of Arizona has moved a step closer to setting up a bitcoin reserve fund after the Senate voted in favor of the proposed legislation. Following a 16-14 vote on Thursday, House Bill 2324 has been sent back to the House for a final decision. The bill seeks to update Arizona's forfeiture laws, allowing the state to categorize abandoned digital assets as unclaimed property. Additionally, it …
June 20, 2025, 9:04 a.m.
Policy
SOL Strategies Submits Nasdaq Listing Application
SOL Strategies, a Canadian digital asset firm specializing in Solana, has filed a registration statement with the US Securities and Exchange Commission (SEC) to list its shares on the Nasdaq exchange, seeking to tap into the vast US economy. The company submitted a 40-F form, a requirement for Canadian companies looking to offer securities in the US. Upon SEC approval, SOL Strategies will trade u…
June 19, 2025, 12:52 p.m.
Policy
Kansas Bank Collapse Linked to $225 Million 'Pig Butchering' Scam
A Kansas banker who embezzled millions from his bank in 2023, causing its collapse, was also a victim of a massive 'pig butchering' crypto scam, with the US Department of Justice seizing over $225 million in laundered USDT. The scam, which involved a Philippines call center, affected 434 victims who lost a combined $19.4 million, with the banker being the largest victim, losing $3.3 million of th…
June 19, 2025, 1:52 a.m.
Policy
UK to Introduce Stricter Regulations on Banks' Crypto Involvement in 2026
The Bank of England is set to unveil new proposals for regulating banks' crypto exposure by 2026, aiming to safeguard financial stability. In a speech at Risk Live Europe in London, David Bailey stated that the UK is likely to adopt a more cautious approach, encouraging banks to minimize their crypto exposure. Bailey noted that certain cryptoassets, characterized by high price volatility and pote…
June 18, 2025, 5:57 p.m.