A senator hails Scott Bessent as a champion for digital assets, backing his Treasury Secretary nomination to advance a Strategic Bitcoin Reserve and reshape U.S. fiscal policy. The Pro-Crypto Leader Poised to Shape US Fiscal Policy U.S. Senator Cynthia Lummis (R-WY) has voiced firm backing for President-elect Donald Trump’s selection of hedge fund manager Scott […]
An Indian company has made history by adopting bitcoin as its primary treasury reserve, signaling a bold shift in corporate finance and digital asset strategies. Corporate India Ushers in Bitcoin Treasury Era with Groundbreaking Move Jetking Infotrain, a 77-year-old Indian IT training company with a $ 5 million market capitalization and $ 2 …
Amazon faces shareholder pressure to assess bitcoin as a treasury asset, citing inflation risks, bitcoin’s soaring returns, and corporate trends toward cryptocurrency adoption. Shareholders Push Amazon to Embrace Bitcoin—A Bold Treasury Move? Amazon shareholders are pressing the company’s Board to explore the potential benefits of adding bitcoin to its financial strategy. The proposal, submitted by […]
The U.S. Treasury’s Fiscal Year 2024 Q4 Report describes how “digital assets have witnessed rapid growth albeit from a small base,” highlighting bitcoin’s “primary” function as a “store-of-value.” Treasury’s Bitcoin Remarks Ignite Conversations Among Enthusiasts On Saturday, enthusiasts on X buzzed over the Treasury’s comparison of bitcoin to “digital gold.” The report, crafted by the […]
President-elect Donald Trump has picked Scott Bessent as the new Treasury Secretary. Ripple’s CEO called him “the perfect pick” for advancing crypto and innovation. ‘He Will Be the Most Pro-Innovation, Pro-Crypto Treasury Secretary We’ve Ever Seen’ President-elect Donald Trump has nominated Scott Bessent, known for his support of cryptocurrency innovation, to replace Janet Yellen as […]