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$40M Bitcoin Treasury Launch Marks South Korea’s First Institutional Crypto Move

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South Korea has officially entered the institutional Bitcoin race with Bitplanet, a rebranded firm formerly known as SGA, unveiling a $40 million BTC treasury. Related Reading: Litecoin’s Blockchain Maturity Is On The Rise – What This Means For LTC’s Price This historic move aligns Bitplanet as the first company in the country to integrate Bitcoin […]
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False Story? Elon Musk Rejects Report On Scrapping Bitcoin-Focused America Party

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According to posts on X, Elon Musk rejected a Wall Street Journal report that said he had halted work on the America Party. Related Reading: Strategy’s Bitcoin Gameplan Faces Dark Outlook As Expert Warns Of ‘Spiral Of Doom’ He wrote that the story was “inaccurate and misleading” and told followers, “Nothing @WSJ says should ever […]
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Crypto Goes Tropical: Thailand Welcomes Tourist Spending In Bitcoin And More

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Thailand is moving ahead with a plan to let foreign tourists spend cryptocurrency during their visits. The new scheme, called TouristDigiPay, will launch on August 18 and allow visitors to convert crypto into Thai baht for electronic payments. Related Reading: Bitcoin Miner Tied To Trump Spends $314 Million On Chinese Computer Chips The announcement comes […]
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New York’s 0.2% Crypto Tax Push Sparks Fears of a Market Sell-Off

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New York may soon add another chapter to its already strict crypto regulation playbook. Assembly Bill 8966, introduced by Democratic Assembly member Phil Steck, proposes a 0.2% excise tax on all crypto and NFT transactions, including Bitcoin, Ethereum, and stablecoins. If approved, the crypto tax would take effect on September 1, applying to both individuals […]
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Bitcoin Climbs Toward $121K Amid Trump’s Legal Threats Against Powell

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US President Donald Trump is weighing legal action against Federal Reserve Chair Jerome Powell, tying the clash to his demand for an immediate interest rate cut. Related Reading: Ransomware Empire Falls: Feds Strip BlackSuit Of $1 Million In Crypto The standoff comes after fresh inflation data showed consumer prices cooling more than expected, raising speculation […]