Bitcoin Reserves | ForkLog

ForkLog 13 17.04.2025

Binance Advises Nations on Establishing Bitcoin Reserves

Binance is advising several countries on the regulation of digital assets and is actively involved in developing strategies for forming cryptocurrency reserves. This was revealed by the company’s CEO, Richard Teng, in an interview with Financial Times. He noted that the United States sets the tone in the realm of crypto legislation under the leadership […]

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ForkLog 8 16.04.2025

Oklahoma Senate Rejects Bitcoin Reserve Proposal

A bill proposing a strategic Bitcoin reserve (SBR) in the Oklahoma House of Representatives failed to gain approval in the Senate’s relevant committee. ?? State Reserve Race Update: Oklahoma Reserve Bill HB1203 has FAILED in the Senate Revenue and Taxation Committee, 6-5. The No votes were:— Sen. Todd Gollihare [R]— Sen. Chuck Hall [R]— Sen. […]

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ForkLog 9 16.04.2025

China’s Authorities Allegedly Sell Seized Cryptocurrencies Abroad

Local authorities in China are reportedly using private companies to sell confiscated cryptocurrencies overseas to bolster their budgets. This information comes from transactional and court documents cited by Reuters. The lack of clear regulations on how officials should handle seized cryptocurrencies has led to “inconsistent and opaque approaches.” Some legal experts fear this could foster […]

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ForkLog 6 11.04.2025

Swedish Finance Minister Urged to Consider Bitcoin Reserve

Swedish MP Rickard Nordin published an open letter urging Finance Minister Elisabeth Svantesson to consider adopting Bitcoin as a national reserve asset. “Sweden has a tradition of a conservative and well-managed currency reserve, consisting mainly of foreign currencies and gold. At the same time, there is rapid development in digital assets, and several international players […]

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ForkLog 6 11.04.2025

Bitcoin Initiatives Emerge Across Several U.S. States

North Carolina legislators proposed using Bitcoin as a means of payment. The New Hampshire House of Representatives approved a Bitcoin reserve bill. Florida’s House Insurance and Banking Subcommittee unanimously passed a similar document. The House of Representatives in North Carolina introduced a bill that would allow cryptocurrencies to be used for transactions such as tax […]

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ForkLog 14 26.03.2025

Bitwise: US Bitcoin Reserve Eliminates Final Risk for Cryptocurrency

President Donald Trump’s decision to establish a strategic Bitcoin reserve (SBR) has removed the “last existential risk” for the leading cryptocurrency, according to Bitwise CIO Matt Hougan. He stated that the initiative makes the current moment “the best time in history” to purchase digital gold, considering the balance of risk and return. Hougan noted that […]

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ForkLog 23 24.03.2025

Peter Schiff Amasses ~$4760 in Personal Bitcoin Reserve

Peter Schiff, President of Euro Pacific Asset Management and a well-known critic of cryptocurrencies, announced on his 62nd birthday that he would accept Bitcoin as gifts to build his own digital asset reserve. For transparency, I moved my Strategic Bitcoin Reserve from an exchange to a hardware wallet. Today is my 62nd birthday. To build […]

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ForkLog 9 17.03.2025

South Korea Dismisses Idea of Strategic Bitcoin Reserve

The Bank of Korea has “never considered” including Bitcoin in its foreign exchange reserves and views such a prospect “with caution,” according to Korea Economic Daily. The regulator clarified its stance in response to a query from a member of the National Assembly’s Strategy and Finance Committee. The primary deterrent cited by the South Korean […]

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ForkLog 15 15.03.2025

Majority of US Voters Oppose Crypto Reserve Initiative

A majority of American voters are against a crypto reserve funded by government spending and do not view the development of the industry and blockchain technology as a priority. This is according to a survey by Data For Progress. Data: Data For Progress. Among the 1,169 respondents, 51% are against the implementation of such a […]

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ForkLog 6 14.03.2025

US Lawmakers to Introduce Bill Safeguarding Bitcoin Reserve

Republican Byron Donalds is set to introduce a bill in the US Congress to enshrine President Donald Trump’s executive order establishing a SBR. This was reported by Bloomberg. The bill aims to protect the strategic bitcoin reserve from potential revocation by future presidents. If passed, the reserves will remain part of the Treasury’s long-term strategy, […]

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ForkLog 6 14.03.2025

Congress Urges Halt to Bitcoin Reserve Plan

SBR will bring “no tangible benefits” and will only enrich President Donald Trump and his sponsors, according to a letter from U.S. Representative Gerald Connolly to Treasury Secretary Scott Bessent. The legislator, representing Michigan and the Democratic Party, is a member of the Committee on Oversight and Government Reform. Connolly emphasized that Trump did not […]

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ForkLog 8 13.03.2025

Bitdeer Expands Bitcoin Reserves by 43% in a Month

By the end of February, the cryptocurrency reserves of the public mining company Bitdeer reached 1039 BTC, up from 724 BTC the previous month. This represents a growth of approximately 43%, according to a press release. During the reporting period, Bitdeer mined 110 BTC independently with its own hash rate of 9 EH/s. The total […]

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