Coinbase makes a quiet bet on ProShares stablecoin reserve ETF
Coinbase has invested in ProShares’ GENIUS Money Market ETF as stablecoin issuers prepare for stricter reserve rules under the GENIUS Act. Summary Coinbase has invested...
Tag : Reserve
Coinbase invests in ProShares ETF tailored for stablecoin reserve assets
Crypto exchange Coinbase has invested in ProShares’ stablecoin-focused money market fund, betting that demand for stablecoin reserve-management products will grow as the recently enacted GENIUS...
Texas Bitcoin reserve plan advances as federal push faces delays
Texas has moved closer to holding Bitcoin directly after naming a new advisory committee to guide the state’s Strategic Bitcoin Reserve. Summary Texas has named...
Texas Bitcoin reserve plans shift from ETF to direct BTC custody
Texas is seeking a custody and liquidity provider to help move its Strategic Bitcoin Reserve from BlackRock’s iShares Bitcoin Trust (IBIT) spot Bitcoin exchange-traded fund...
Sequans dumps $BTC reserve, pivots back to IoT chips after debt cleared
Paris-based chipmaker Sequans Communications has fully exited its bitcoin treasury, selling roughly 80% of its holdings to repay convertible debt and returning its full focus...
Nashville freshman Rep pushes Bitcoin reserve bill into law
A Bitcoin reserve bill to codify Trump’s executive order gained a Nashville champion. Summary Rep. Matt Van Epps framed the American Reserve Modernization Act as...
Bitcoin reserve plan gets 20-year lock in new ARMA bill
U.S. lawmakers have introduced ARMA, a new bill that seeks to create a Treasury-run Strategic Bitcoin Reserve with a 20-year holding rule. Summary ARMA would...
US lawmakers renew strategic Bitcoin reserve push with ARMA bill
US lawmakers have renewed efforts to codify a US strategic Bitcoin reserve with a new bipartisan bill on Thursday that seeks to acquire around 1...
Proposed ARMA Bill Aims to Enshrine Strategic Bitcoin Reserve Into Law
In brief Reps. Nick Begich (R-AK) and Jared Golden (D-ME) introduced the American Reserve Modernization Act. The bill seeks formally codify a strategic Bitcoin reserve...
Strategic Bitcoin Reserve framework firmly on the horizon: White House official
The White House says it has achieved a legal and custody “breakthrough” for the US Strategic Bitcoin Reserve, finally giving Washington a compliant way to...