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The Arizona House of Representatives has passed a landmark bill that would allow the state to create a Bitcoin reserve fund, using cryptocurrency seized from criminal investigations as its primary source. This move positions Arizona at the forefront of state-level digital asset adoption in the United States.
WF Holding Ltd has officially announced its entry into the digital cryptocurrency sector, signalling a major shift in its long-term strategy focused on innovation and growth. As part of this move, the company has appointed Bull Coin Asset Management Limited as its official industry advisor to guide market research, technology assessments, and the development of compliance frameworks.
- 01:43Number of House Republicans Opposing Crypto Bill Rises to 10Odaily Planet Daily reports that crypto journalist Eleanor Terrett stated a Republican member of the House has just changed their vote on the crypto bill from support to opposition, bringing the total number of Republicans opposing the bill to 10.
- 01:32Non-profit development organization Argot Collective continues to swap 1,210 ETH for 4.09 million USDC 4 hours agoAccording to Jinse Finance, on-chain analyst Yujin has monitored that Argot Collective, a non-profit development organization that received 7,000 ETH in operating funds from the Ethereum Foundation, sold another 1,210 ETH for 4.09 million USDC four hours ago. Since July 11, they have converted a total of 3,626.6 ETH into 11.2 million USDC, with an average selling price of $3,089 per ETH.
- 01:26UK Lawmakers Call for Ban on Cryptocurrency Donations in Political CampaignsAccording to Jinse Finance, UK Cabinet Office Minister Pat McFadden has expressed support for banning cryptocurrency donations in political activities, citing the difficulty in tracing the source of such funds. This move stands in stark contrast to the United States, where the crypto industry has already contributed $134 million to pro-crypto candidates. The UK Reform Party previously announced that it would accept Bitcoin donations, becoming the first political party in the UK to accept cryptocurrency. Ireland banned such donations in 2022, and several US states have also implemented similar restrictions. Anti-corruption watchdogs have warned that cryptocurrency donations could increase the risk of foreign interference in politics.