Through Sen. Cynthia Lumith's Optimized Investment (Bitcoin) Act of 2025, newly reintroduced innovation, technology and competitiveness will enable the United States to potentially own more than 1 million Bitcoin (BTC) in cryptographic protected areas.
The bill directs the government to purchase 200,000 BTC per year over five years to be paid with existing funds within the Federal Reserve and Treasury Department.
If signed into law, this law allows the United States to hold more than one million BTC as long as the assets are acquired through legal means other than direct purchases, including criminal or citizen forfeiture, gifts or transfers from federal agencies.
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Democrats urge the Treasury to stop Trump's Bitcoin spare plan
US Representative Gerald Connolly, a Michigan Democrat, called on the Treasury to stop efforts to establish crypto preparations in the United States. Lawmakers said there was a conflict of interest with US President Donald Trump and argued that the reserves would not benefit Americans.
Connolly criticized the sanctuary in a letter to Treasury Secretary Scott Bescent, arguing that Americans have no “identifiable interests” and that the move would instead enrich Trump and his donors.
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Argentine lawyers request Interpol's red notice from the creator of Libra: Report
Argentinean lawyer Gregorio Dalbon is seeking an Interpol Red notice from Hayden Davis, co-creator of the Libra Token that sparked a political scandal in Argentina.
Darbon has filed a request for a red notice to Prosecutor Eduardo Taiano and Judge Maria Servini, who are investigating President Javier Mairi's involvement in the Memecoin project.
In the application, the lawyer said there is a procedural risk if Davis is free. The lawyers argued that Davis had access to funds that could allow him to hide or escape to the United States.
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America must support professional and coin laws and reject CBDCs – US Congressman Emmer
At a House Financial Services Committee hearing, US president Tom Emmer said the central bank's digital currency (CBDC) threatened America's value. The lawmakers urged Congress to pass his CBDC anti-surveillance national law to prevent future administrations from launching CBDC without Congress' approval.
Emmer said CBDC technology is “inherently non-American,” adding that it “overturns the American way of life” by allowing unelected bureaucrats to issue CBDCs.
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Texas legislators are trying to curb the state's proposed BTC purchases for $250 million
Ron Reynolds, the representative of Texas' democratic state, proposed a cap for state investments in Bitcoin or other cryptocurrencies.
In the bill, lawmakers proposed that state directors should not be allowed to invest more than $250 million in codes. The bill also directs Texas municipalities or counties not to invest in cryptocurrencies greater than $10 million.
The proposed bill follows the Texas Senate approval of the law establishing a strategic Bitcoin reserve within the state.
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