Kato’s remarks come amid concerns over Japan’s high debt-to-GDP ratio and the potential for financial repression and yen depreciation. What to know: Japan’s Finance Minister Katsunobu Kato said on Monday that cryptocurrencies can be part of a diversified portfolio. “Crypto assets have risks surrounding high volatility, but through building an […]
Modeled after oil, maple syrup, and grain reserves, the proposed Strategic Bitcoin Reserve positions BTC as a sovereign asset alongside traditional stockpiles. What to know: A bill proposed in the Philippine Congress would create a government-run bitcoin (BTC )reserve that cannot be touched for two decades except to pay down the nation’s […]
The GENIUS Act’s passage caught many in Europe off guard and sparked concerns dollar-backed stablecoins could tighten America’s grip on cross-border payments. What to know: European Union policymakers are discussing ramping up efforts to introduce a digital euro as the U.S.’ new stablecoin law intensifies pressure on the bloc to […]
Armstrong joins Jack Dorsey and Cathie Wood in calling for explosive BTC growth, with Ark Invest projecting as high as $3.8M by decade’s end. What to know: Coinbase CEO Brian Armstrong said that bitcoin could hit $1 million per token by the end of the decade, adding his voice to […]
Over the next ten years, trillions of dollars will move from baby boomers to younger heirs, who are more inclined toward digital assets, the report said. What to know: The “great wealth transfer” is underway, and it could be one of the biggest drivers of crypto adoption in history, crypto […]
A fraudster posing as a hardware wallet support agent tricked the target into handing over wallet credentials. What to know: Blockchain sleuth ZachXBT uncovered a high-profile social engineering attack on Thursday, with the victim losing 783 BTC worth around $91.4 million. The scam occurred on Aug. 19 and involved the attacker posing as a […]
The Fed vice chair who leads banking oversight, Michelle Bowman, comes across as a crypto evangelist as she echoes industry views on its regulatory needs. What to know: The U.S. Federal Reserve’s newest vice chair who supervises Wall Street banking, Michelle Bowman, made a crypto speech on Tuesday that could have been […]
Bitcoin Standard Treasury Co.’s SPAC deal combines fiat financing and a bitcoin-denominated PIPE, aiming to debut on the Nasdaq with over 30,000 BTC and an aggressive growth plan. What to know: Bitcoin Standard Treasury Co. (BSTR), a bitcoin treasury vehicle led by cryptography pioneer Adam Back, sees itself as a company with a […]
Japan’s largest public bitcoin holder aims to expand its treasury operations and integrate BTC into the country’s fixed income markets. What to know: Tokyo-based investment firm Metaplanet (3350) has unveiled two major strategic initiatives aimed at deepening its integration of bitcoin. The announcements came as the company posted strong second-quarter results, with revenue […]
Qubic says it has achieved hashrate dominance over Monero, sparking concerns over the future of the network’s decentralization. What to know: Monero, the leading privacy-focused cryptocurrency, is facing one of the most serious security challenges in its history. Qubic, a project led by IOTA co-founder Sergey Ivancheglo, says it now controls […]