South Dakota lawmakers effectively kill proposed Bitcoin bill

February 24, 2025
The Last Cryptocurency
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Cointelegraph Feed

The House bill, which proposed allowing the US state to invest in Bitcoin, was deferred until after the legislative session ended.

United States cryptocurrency exchange Kraken has acquired United Kingdom-based cryptocurrency exchange and futures provider Crypto Facilities, the company confirmed in a press release Feb. 4.Crypto Facilities, which began operating in 2015, is fully regulated by the U.K.’s Financial Conduct Authority, giving Kraken a major foothold in the European market.The parties declined to reveal the exact…

4 bold predictions for Bitcoin in the 2024 presidential election

America is balancing a weakening dollar against an asset with the potential to address many of the financial issues that face a squeezed middle class.

UK’s government-backed Millicent Labs demos a retail full-reserve digital currency

The issuer says the currency avoids pitfalls of central bank digital currency and stablecoins while bridging blockchain and traditional financial technology. 186 Total views 14 Total shares A sandbox test of a retail full-reserve digital currency (FRDC) has been completed in the United Kingdom, distributed ledger fintech company Millicent Labs announced on Thursday. The test…

BitOasis Secures Preliminary Approval With UAE Financial Regulator

United Arab Emirates-based cryptocurrency exchange BitOasis has reportedly secured preliminary approval with financial regulators, Bloomberg reported on May 13.Founded in 2015, BitOasis claims to be the Middle East's first digital currency wallet that uses multi-signature technology. The company previously announced that it was seeking to be fully licensed in the financial center Abu Dhabi Global…

Canadian PM Justin Trudeau says investing in crypto is not an escape from inflation

Canada's inflation rose to 40-year highs this year while Bitcoin's price plummeted in the same period. 448 Total views 26 Total shares According to a new Twitter post on Tuesday, Canadian Prime Minister Justin Trudeau made critical remarks regarding newly elected opposition leader Pierre Pollievere's pro-crypto platform, writing: "We’ll also call out questionable, reckless economic ideas.…

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Donald Trump uses Bitcoin to buy burgers at NYC bar

Pubkey, a Bitcoin bar in New York City, hosted the former US President and 2024 Republican nominee for a campaign stop on Sept. 18.

UK-Based Digital Exchange to Use R3’s Corda for Post-Trade Processes

Archax, a London-based digital securities exchange, will use blockchain software firm R3’s Corda technology to manage post-trade activities.On Oct. 18, Archax announced in a press release that its post-trade processes will now run on distributed ledger technology. Archax will use a private version of Corda Enterprise within its own ecosystem.Graham Rodford, CEO of Archax, said…

Fidelity’s Crypto Branch Files for a New York Trust License: Report

Fidelity’s crypto arm Fidelity Digital Assets Services (FDAS) has applied for a license to operate as a trust in New York State.FDAS has filed an application with the New York Department of Financial Services (NYDFS) for a trust license, crypto media outlet The Block reported on July 20, citing several unnamed sources familiar with the…

Pendle Finance raises $3.5M to launch secondary market for DeFi yields

The company is building a tokenization platform to better enable users to manage their DeFi yields. 5926 Total views 18 Total shares Pendle Finance, a decentralized finance protocol that allows users to tokenize and sell future yields, has completed a private investment round worth $3.5 million to power the next phase of its platform’s evolution. The…

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