Tag: Reserve

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Strategy pauses bitcoin purchases as USD reserve reaches $3 billion

Strategy (MSTR) has not purchased any bitcoin since June 22, when it acquired just 520 BTC for approximately $35 million. Since then, the company...

Federal Reserve Taps A16z Co-Founder for Monetary Policy Task Force

The US Federal Reserve named Andreessen Horowitz (a16z) co-founder Marc Andreessen to help lead a task force studying how artificial intelligence and other new...

Reserve Bank of India (RBI) still favors crypto prohibition amid tax evasion fears

Tax authorities, meanwhile, are concerned about widespread underreporting. In the financial year ended March 2023, fewer than a quarter of the 645,000 individuals who...

Trump’s Bitcoin Reserve Stalled By Interagency Clash: Report

The Trump administration’s push to establish a US Strategic Bitcoin Reserve has reportedly hit a roadblock, as the Commerce and Treasury departments are at...

Bitcoin’s U.S. reserve still a work-in-progress as federal agencies hash it out

The White House's chief crypto adviser, Patrick Witt, and his predecessor in that role had both said that they'll need Congress to fully back...

Taiwan passes key crypto law, raising the bar with with licensing, reserve mandates, and tough penalties

Taiwan has taken a major step forward in overseeing its digital asset sector by enacting comprehensive new regulations for cryptocurrency operations.On Tuesday, lawmakers in...

Lighter to Burn Repurchased LIT, Fund Staking from Ecosystem Reserve

The perpetuals exchange will start burning the LIT it buys with revenue and tap its token reserve to keep staking yields flowing.Lighter, one of...

US Senate Bans Federal Reserve CBDC in Housing Bill

The US Senate has passed housing legislation that includes a ban on the Federal Reserve creating or working on a central bank digital currency...

Federal Reserve Moves To Close Stablecoin Loopholes With New Customer ID Rules

The Federal Reserve proposed Thursday that payment stablecoin issuers maintain written customer identification programs, a move that signals Washington’s determination to bring...

Federal Reserve holds rates steady in first decision under Chair Kevin Warsh

The Federal Reserve left its benchmark fed funds rate range unchanged at 3.50%-3.75% on Wednesday, a move markets had expected nearly unanimously."Economic activity is...

State Street targets stablecoin reserve boom with new money market fund

Wall Street's largest asset managers are increasingly competing to manage the assets backing stablecoins, a market that could swell into the trillions of dollars...

US Bitcoin Reserve Bill Text Locks Holdings for 20 Years and Mandates Quarterly Proof-of-Reserve Reports

The full text of H.R. 8957, the American Reserve Modernization Act of 2026, is now public, revealing a mandatory 20-year prohibition on selling any...