Metaplanet, a Japanese firm known for its aggressive Bitcoin accumulation strategy, has announced plans to raise approximately $880 million through an overseas share issuance.
XingChiThe UAE has built a Bitcoin reserve of around 6,300 BTC, worth up to $740 million, mainly through state-backed mining. This makes it one of the largest national holders, ranking just ahead of El Salvador.
AnaisA Philippine lawmaker has proposed that the central bank buy 2,000 bitcoins each year for five years, creating a national reserve of 10,000 coins. The plan aims to strengthen the country’s finances and provide a long-term store of value alongside traditional reserves like gold and foreign currency.
WeatherlyJapan plans to tax crypto profits at a flat 20% instead of rates as high as 55%. The regulator also aims to allow crypto ETFs and approve the country’s first yen-backed stablecoin.
AnaisArthur Hayes, the BitMEX co-founder pardoned by Donald Trump, has invested in a stem cell firm with clinics in Mexico and Bangkok. He is also backing crypto treasury firms while warning that the market may already be overheating.
WeatherlyA Pennsylvania lawmaker has put forward a bill to stop politicians and their families from owning or trading crypto while in office. The plan follows claims that Donald Trump has used his role to profit from tokens like his own memecoin.
WeatherlyBitcoin has retraced below $117,000 after reaching an all-time high last week, signaling a pause in upward momentum and growing caution among investors.
XingChiDutch cryptocurrency company Amdax is preparing to launch one of Europe’s most ambitious Bitcoin strategies yet: creating a dedicated Bitcoin treasury firm, seeking a listing on Amsterdam’s Euronext, and ultimately aiming to acquire 1% of the total Bitcoin supply.
XingChiThe SEC has delayed decisions on several crypto ETFs, including Bitcoin, Ethereum, Solana, XRP, Litecoin, and Dogecoin, pushing most deadlines into October. Regulators are working on new listing standards that could allow faster approvals of altcoin ETFs once rules are finalised.
WeatherlyTaiwan’s WiseLink led a $10 million funding round for Nasdaq-listed Top Win International, helping the company buy Bitcoin and expand into digital assets. The deal makes WiseLink the first public Taiwanese firm to back a Bitcoin treasury strategy and aims to combine crypto holdings with cross-border business operations.
WeatherlyThe Vice President of El Salvador stressed that not only will El Salvador’s Bitcoin laws be upheld, but that cryptocurrencies also “enjoy the greatest credibility in the world.”
JinseFinanceEl Salvador legislates expedited citizenship for Bitcoin donors, further integrating cryptocurrency in governance.
KikyoEl Salvador made history in 2021 when it tapped Bitcoin as a national currency.
BeincryptoEl Salvador’s congress approved a digital securities law that would allow the nation to raise funds through the world’s first sovereign blockchain bond.
OthersCrypto sector auditor Mazars found that Binance customers’ Bitcoin deposits were 101% backed as of last month.
cryptopotatoTron founder Justin Sun supported the President’s proposition, saying Tron’s DAO would also start buying one Bitcoin per day.
BeincryptoOn day three of El Salvador’s financial inclusion and funding for SMEs conference, Bitcoin has stolen the show.
CointelegraphEl Salvador's national bitcoin wallet continues to face major issues a week after its official launch.
CointelegraphThis latest purchase brings El Salvador's Bitcoin reserves to about 1,120 BTC.
Cointelegraph"Policy unpredictability" and "adoption of bitcoin as legal tender" were part of the reason for Fitch's downgrade of El Salvador.
Cointelegraph