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The state of Utah proposes investing public funds in crypto

Utah bill aims to allow state funds in crypto. The bill limits investments to high-cap or stablecoins. Security is assured through encrypted key storage. In a groundbreaking move towards embracing…

State of Michigan pension fund discloses $10m Ethereum ETF holdings

State of Michigan pension fund holds over $11 million in spot Ethereum exchange-traded funds. The 13F filing the State of Michigan Retirement System about $10 million in Grayscale ETF ETHE…

Florida holds $800 million in crypto, state CFO says

Florida has invested nearly $800 million in crypto, according to the state’s chief financial officer Jimmy Patronis. Patronis shared more about Florida’s crypto investment during an interview with CNBC on…

State of Wisconsin Investment Board holds nearly $100M of BlackRock’s Bitcoin ETF

State of Wisconsin Investment Board (SWIB) has disclosed it bought almost $100 million of BlackRock’s Bitcoin ETF $IBIT. The state pension disclosed the holdings in a 13F on Tuesday. Senior…

Germany’s largest federal state bank partners with Bitpanda

Germany’s LBBW bank and crypto exchange Bitpanda have announced a partnership. The federal bank will use Bitpanda’s technology to develop its own custody solution for crypto. Landesbank Baden-Württemberg (LBBW), Germany’s…

Litecoin update: analyzing the current state of LTC amid the rise of this AI Altcoin

Litecoin (LTC) is popularly known as a Bitcoin (BTC) fork. While the two share several similarities, LTC was designed to be lighter, amidst other key differences. In this post, we…

North Carolina lawmakers approve bill seeking study on state adoption of Bitcoin

The “State Precious Metals Depository Study” bill received bipartisan support and passed 75-38. North Carolina could look into adding Bitcoin to its State Treasury if the bill is passed. In…

Binance CEO says “it’s a big deal” after China broadcast crypto on state TV

Binance CEO Changpeng Zhao says China’s state TV crypto broadcast is “a big deal.” He notes that previous coverage has historically been bullish for crypto. His comments come as Bitcoin…

New York State Attorney General files a lawsuit KuCoin

The NY state AG was able to buy and sell crypto on KuCoin. KuCoin is however not registered in New York. This is the AG’s eighth lawsuit against shadowy cryptocurrency…

State Street: Investors are unfazed by the crypto winter

State Street is the fund administrator of the Cosmos Purpose Bitcoin Access ETF launched… The post State Street: Investors are unfazed by the crypto winter appeared first on CoinJournal.