The new law allows banks with over US$50 million capital to offer cryptocurrency services. It targets “sophisticated investors” holding more than US$250,000 in liquid assets, including Bitcoin. Licensed institutions can hold Bitcoin, issue tokens, and create regulated crypto-linked investment products. El Salvador’s National Assembly has passed the Investment Banking Law,Continue Reading

Parataxis Holdings will go public and acquire South Korea’s Bridge Biotherapeutics, rebranding it as Parataxis Korea to establish a direct presence in the Korean market. The company plans to build a US$640 million Bitcoin treasury, positioning itself as a major institutional BTC holder targeting both US and Korean investors. TrumpContinue Reading

Bitcoin advocates have met with Indonesian officials, including Vice President Gibran Rakabuming Raka, to propose creating a national Bitcoin reserve. The proposal suggests using Bitcoin mining as a sovereign strategy to promote long-term economic stability by leveraging the country’s abundant geothermal and hydroelectric energy. The presentation emphasised the need forContinue Reading