Crypto News
US State Official Urges Bitcoin Investment for Retirement Funds to Future-Proof Pensions
A top financial officer of the U.S. state of Florida is advocating for state retirement funds to consider cryptocurrency investments, calling bitcoin a hedge against market volatility. US State Official Pushes Bitcoin as Hedge for Public Retirement Stability Chief Financial Officer and State Fire Marshal Jimmy Patronis, a statewide elected official and member of Florida’sSource link
Solana ETF Momentum Grows With New Filing After Bitcoin and Ethereum Approvals
New American asset manager Canary Capital has filed to launch a spot Solana ETF in the United States, making it the third such firm to do so.Source link
Russia to Ban Crypto Mining in Key Regions as Energy Shortages Intensify
Russia is moving to ban cryptocurrency mining in energy-restricted regions, citing severe power shortages that could jeopardize long-term stability until 2030. Crypto Miners Face a Major Blow in Russia’s Energy-Restricted Zones Russian Deputy Energy Minister Yevgeny Grabchak has stated that digital currency mining will soon be banned at the state level in several Russian regionsSource link
Protocol Village: Termina, SVM-as-a-Service Platform by Nitro Labs, Raises $4M in Seed Round
Protocol Village: Termina, SVM-as-a-Service Platform by Nitro Labs, Raises $4M in Seed RoundSource link
US Treasury Says Stablecoins Should Be Replaced by a CBDC
A report released Wednesday by the Treasury highlighted fears that the growing stablecoin market is buying up too many T-bills, and must be wound down.Source link