Florida Republican Senator Joe Gruters has introduced a bill advocating for state investment in Bitcoin (BTC) and digital assets, aiming to protect against inflation. Filed on February 7, the proposal follows a growing trend of U.S. states exploring Bitcoin adoption as part of their financial strategy. “The state should have access to tools such as […]
Florida Senator Pushes Bitcoin Investment Bill Read More »
Chicago’s Cboe Exchange has officially filed four separate applications with the U.S. Securities and Exchange Commission (SEC), aiming to list and trade spot XRP exchange-traded funds (ETFs). The filings—submitted on Thursday, February 8—represent efforts from major asset managers, including: These firms are now competing to launch the first XRP ETF in the U.S., following the
Cboe Files for XRP ETFs Amid SEC Uncertainty Read More »
U.S. watchdog group Public Citizen has filed a formal complaint urging a federal investigation into whether President Donald Trump violated gift solicitation laws by allegedly promoting a Solana-based meme token. The complaint, lodged with the Department of Justice (DOJ) and the Office of Government Ethics (OGE), raises concerns that the meme coin could be used
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The U.S. Securities and Exchange Commission (SEC) has reportedly reassigned its chief litigation counsel, Jorge Tenreiro, to the agency’s IT department, marking another shift in its crypto enforcement strategy. Tenreiro, who previously oversaw enforcement lawsuits and investigations, was moved last week, according to a Wall Street Journal report on February 5. The agency also reassigned
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The U.S. Securities and Exchange Commission (SEC) may be reassessing its legal approach to cryptocurrency lawsuits, particularly in high-profile cases like XRP and Coinbase. Recent shifts in the SEC’s handling of the Coinbase case suggest a potential precedent for other legal battles, raising speculation about how XRP’s case might evolve. According to legal expert James
SEC’s Crypto Lawsuit Strategy in Flux Read More »
The US government’s stance on Bitcoin as a potential strategic reserve asset is under scrutiny following recent remarks from Crypto Czar David Sacks. His comments at a press briefing and on social media have sparked speculation about whether the administration remains committed to a Bitcoin reserve or is shifting toward a broader digital asset policy.
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The U.S. Securities and Exchange Commission (SEC) is downsizing its crypto enforcement unit, reassigning more than 50 lawyers and staff members as the Trump administration reshapes the government’s approach to digital assets. According to a New York Times report citing anonymous sources, several members of the crypto-focused enforcement team have been moved to other divisions,
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El Salvador has once again expanded its Bitcoin reserves, purchasing 11 BTC—worth roughly $1.1 million at today’s prices. This latest acquisition pushes the country’s total holdings to 6,067 BTC, further cementing its status as the world’s first Bitcoin stockpiler. The move comes shortly after El Salvador agreed to roll back some of its pro-Bitcoin policies
El Salvador Buys More Bitcoin Read More »
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