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2 days ago | 
ihodl.com | Jose Rodriguez |Jose Rodríguez |José Adriano Rodríguez
The Government of Dubai has partnered with Crypto.com to enable payment for its government services with cryptocurrencies. This agreement, established during the Dubai Fintech Summit on May 12, aligns with Dubai's goal of becoming a fully digital and cashless society. The initiative will introduce a new digital payment method across all official platforms, according to the Dubai Department of Finance (DOF).
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3 days ago | 
ihodl.com | Jose Rodriguez |Jose Rodríguez |José Adriano Rodríguez
On April 29, UK Finance Minister Rachel Reeves announced plans for a "comprehensive regulatory regime" to position the country as a global leader in digital assets. The proposed regulations will treat cryptocurrency exchanges, dealers and agents like traditional financial firms, strengthening transparency, consumer protection and operational resilience, the UK Treasury said in a statement following Reeves' announcement.
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1 week ago | 
ihodl.com | Jose Rodriguez |Jose Rodríguez |José Rodríguez
A Texas House Committee has approved a Republican-backed bill to establish a bitcoin reserve, which now only needs a favorable floor vote to move to the governor's desk. On May 7, the Texas House Committee on Delivery of Government Efficiency approved Senate Bill 21 without amendment on a 9-4 vote along party lines. The bill had previously passed the Texas Senate by a 25-5 vote on March 6.
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1 week ago | 
ihodl.com | Jose Rodriguez |Jose Rodríguez |José Adriano Rodríguez
The US Office of the Comptroller of the Currency (OCC) has announced that banks under its authority can trade cryptocurrencies for customers and delegate certain crypto functions to third parties. Acting comptroller Rodney Hood stated in a letter dated May 7 that banks and federal savings associations are authorized to buy and sell cryptocurrencies upon customer request.
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1 week ago | 
ihodl.com | Jose Rodriguez |Jose Rodríguez |José Rodríguez
Arizona Governor Katie Hobbs has enacted a new law that allows the state to retain unclaimed cryptocurrencies and create a "Bitcoin Reserve Fund" without using taxpayer or state funds. On May 7, Hobbs signed House Bill 2749, which allows Arizona to take control of abandoned digital assets if the owner does not respond within three years.
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1 week ago | 
ihodl.com | Jose Rodriguez |Jose Rodríguez |José Adriano Rodríguez
The US Commodity Futures Trading Commission (CFTC) has asked the court to dismiss its appeal against prediction market Kalshi. If approved, this could allow the platform to offer political event contracts without contest. On May 5, CFTC lawyers filed an unopposed motion to dismiss with the US Court of Appeals for the District of Columbia Circuit, indicating a potential settlement with Kalshi.
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1 week ago | 
ihodl.com | Jose Rodriguez |Jose Rodríguez |José Adriano Rodríguez
Asset manager VanEck has applied for approval from US regulators to list an exchange-traded fund (ETF) holding BNB, the native token of Binance’s BNB Chain, according to filings. The ETF aims to accumulate spot BNB tokens and may occasionally staking a portion of the fund's assets through trusted staking providers, as outlined in the ETF's S-1 prospectus. This is the first time an asset manager has filed a BNB ETF in the United States.
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1 week ago | 
ihodl.com | Jose Rodriguez |Jose Rodríguez |José Adriano Rodríguez
The Tron network could overtake Ethereum in Tether (USDT) circulation following a major issuance by the US issuer of stablecoins. On May 5, Tether minted an additional $1 billion USDT on the Tron network, Arkham Intelligence reports. This brings Tron's total USDT supply to $71.4 billion, according to Tether's transparency report. Currently, there is $72.8 billion circulating on Ethereum.
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1 week ago | 
ihodl.com | Jose Rodriguez |Jose Rodríguez |José Adriano Rodríguez
Tether, the issuer of the USDT stablecoin, has released its financial report for the first quarter of 2025. The report reveals nearly $120 billion of exposure to the US Treasury and over $1 billion of operating profit. As detailed in Tether's first quarter 2025 financial report, the company's assets include $98.5 billion in direct US Treasury bills, plus more than $23 billion in additional exposure through repurchase agreements and cash equivalent assets.
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1 week ago | 
ihodl.com | Jose Rodriguez |Jose Rodríguez |José Adriano Rodríguez
21Shares has applied to launch a spot Sui exchange-traded fund (ETF) in the United States, continuing its expansion into the US market. On April 30, 21Shares filed an S-1 registration form for this ETF with the SEC. Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange Called the 21Shares Sui ETF, this fund aims to issue common shares based on the performance of SUI held by 21Shares' US branch.
