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Government of Bhutan Holds $828M in Bitcoin, Arkham Data Shows

The government of Bhutan is currently holding over $828 million in bitcoin, according to onchain data by Arkham Intelligence. “Unlike most governments, Bhutan’s BTC does not come from law enforcement…

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Former Commerce Secretary Warns US Headed for Recession

Former Commerce Secretary Wilbur Ross has warned of an impending U.S. recession due to the lingering effects of pandemic-related stimulus. While Wall Street maintains a more optimistic outlook, citing strong…

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New Bill Seeks Collaboration Between SEC and CFTC on Digital Assets

A U.S. congressman has introduced the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act (BRIDGE Act), aimed at improving collaboration between the Securities and Exchange Commission…

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Elon Musk Warns US Laws and Regulations Will Worsen Every Year Without Major Reform

Tesla and Spacex CEO Elon Musk has warned that without substantial government reform, laws and regulations will worsen annually, potentially stifling major initiatives. He has reiterated his call for significant…

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Elon Musk Agrees to Head Donald Trump’s D.O.G.E. Government Efficiency Commission

Former U.S. President Donald Trump has announced a plan to create a government efficiency commission led by Tesla CEO Elon Musk if re-elected president. This commission would conduct a financial…

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Elon Musk Can’t Wait to Reform US Government Spending and Regulations

Tesla CEO Elon Musk has expressed his eagerness to tackle excessive waste and regulations in the U.S. government, responding to a report that former President Trump is considering him for…

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UAE Requests France to Provide Immediate Consular Support for Telegram CEO Pavel Durov

The United Arab Emirates (UAE) has requested consular services for Telegram CEO Pavel Durov following his arrest in Paris for alleged cybercrimes. France is investigating Durov for enabling illegal activities…

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Elon Musk Offers to Assist Donald Trump Boost Government Efficiency

Tesla and Spacex CEO Elon Musk has offered to assist former U.S. President Donald Trump in managing government spending if Trump is re-elected, proposing the creation of a government efficiency…

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DOJ Selects Coinbase to Provide Crypto Services to US Marshals Service

The Department of Justice (DOJ)’s U.S. Marshals Service has selected crypto exchange Coinbase to provide crypto custody and trading services. The U.S. government’s contract, valued at over $32 million, aims…

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