7:00-12:00 Keywords: Trump, TRUMP Token, Texas 1. Trump announced the launch of personal Meme coin TRUMP; 2. Trump may issue an executive order favorable to the cryptocurrency industry within days of taking office. 3. The Texas senator plans to challenge the IRS on crypto taxation regulations. 4. People familiar with the matter: World Liberty, a Trump family crypto project, will buy TRX. 5. Trump posted another tweet on X related to "launching the official Meme coin TRUMP"; 6. Market news: TikTo...
According to News.bitcoin, Republican Senator Ted Cruz of Texas plans to use the Congressional Review Act (CRA) next week to challenge a tax regulation that violates the rights of cryptocurrency brokers. The move is seen not only as a procedural tactic, but also as a principled position against the extension of government power to free enterprise and technological innovation. The regulation has drawn severe criticism from the cryptocurrency industry, who have condemned the law as...
On January 16th, Texas Senator Charles Schwertner tweeted that SB 778 has been submitted, proposing to establish the first state-level bitcoin strategic reserve in the United States. If passed, this bill will give Texas a leading position in the digital economy and promote economic growth and freedom.
The North Dakota State Law Agency in the United States has introduced Resolution 3001, recommending that a portion of state funds be invested in digital assets and precious metals to counter the impact of inflation. This proposal was co-sponsored by multiple state legislators and aims to protect the state finances through asset diversification. If the resolution is passed, the North Dakota State Legislative Assembly will direct the state Treasury and Investment Committee to set aside a portion o...
Crypto payment platform MoonPay has announced that it has received a Money Transmitter License from the Texas Department of Banking. From now on, Texas users can buy 64 cryptocurrencies through Venmo and PayPal. According to statistics, more than one-fifth of Texas's voting-age population owns cryptocurrencies. MoonPay plans to expand its service in 2025 to allow Texas residents to sell cryptocurrencies including BTC, ETH and SOL. Currently, MoonPay has obtained money transfer licenses in 45 sta...
Texas Congressman Giovanni Capriglione introduced a bill in December calling for the "Lone Star State" to establish bitcoin reserves. Under the draft bill, which would require Texas to hold bitcoin for at least five years, cryptocurrencies would have to be stored in cold storage, on a device that is not connected to the internet, and the assets could not be used for transactions outside of Texas.
Market news: Texas has announced draft legislation requiring the establishment of a strategic bitcoin reserve.
Texas Republican Representative Giovanni Capriglione has announced the introduction of legislation to create a strategic bitcoin reserve that will serve as a testing ground for the US Treasury. The proposed bill would enable the state to begin building a strategic bitcoin reserve, receiving taxes, fees, and donations through bitcoin that will be retained for at least five years....
According to The Street, the US state of Florida is expected to launch a strategic bitcoin reserve in Quarter 1 2025. Samuel Armes, president of the Florida Blockchain Business Association (FBBA), said that Florida is "very likely to establish a strategic bitcoin reserve during the upcoming legislative session, which will begin in Quarter 1 2025". The plan is based on Florida's existing investments in bitcoin and crypto-related assets through its 185.70 billion.
Under rules adopted Nov. 21 by the Public Utilities Commission of Texas (PUCT), bitcoin miners must share the location, ownership information, and power needs of their facilities with state government entities. Miners have only one business day to register after their facilities are connected to the ERCOT grid, and must update on or before March 1 of each calendar year. ERCOT is an independent system operator that represents 90% of the state's electrical load. According to PUCT Chairperson Thoma...
A Texas court has ordered the Securities Exchange Commission (SEC) to repeal a controversial rule that broadly redefines the term "dealer," affecting the crypto industry and traditional financial firms. The rule was approved by a 3-2 vote of SEC committee members in February.
Blackstone invested more than $500 million in Lancium, which is building more than 5 gigawatts of data centers in West Texas to meet the booming energy demand for artificial intelligence.
Speaking on stage at the North American Blockchain Summit 2024 in Dallas, Texas, the president of the nonprofit think tank (Avik Roy) said: "When Wyoming Senator Cynthia Lummis talks about how the Bitcoin Strategic Reserve Plan can help us eliminate federal debt, it's overhyped about what Bitcoin can do. It might help if the United States bought a" huge amount "of Bitcoin and made it appreciate, but it doesn't solve the problem of an almost exponentially growing $35.46 trillion since the 1980s.....
SpaceX Starship's sixth test flight was launched, and Trump and Musk observed it live in Texas.
SpaceX Starship's sixth test flight was launched, and Trump and Musk observed it live in Texas. SpaceX said that for the first time, a Starship has successfully ignited one of its Raptor engines in space.