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News
Crypto Groups Sue to Block Illinois 0.2% Digital Asset Tax – Bitbo
4+ day, 7+ hour ago (317+ words) Two crypto industry groups have asked an Illinois judge to halt the state’s new 0.2% tax on digital assets before it takes effect in January 2027. The Crypto Council for Innovation and the Blockchain Association filed a motion for a preliminary injunction…...
Block Files for National Trust Bank to Custody Bitcoin – Bitbo
5+ day, 11+ hour ago (304+ words) Block, Inc. said on September 8 that it has asked the Office of the Comptroller of the Currency for permission to open a national trust bank built around digital asset custody. The proposed institution, Builders Bank & Trust, N.A., would be an uninsured…...
Lummis Warns Crypto Market Bill May Stall Until 2030 – Bitbo
5+ day, 10+ hour ago (259+ words) Sen. Cynthia Lummis says the window for passing U.S. crypto market-structure legislation is closing, and that if this Congress misses it, the next realistic chance may not arrive until 2030. Speaking on September 6, 2026, the Wyoming Republican tied inaction to lost jobs, lost…...
UK's Biggest Retail Platform Now Sells Bitcoin ETNs
1+ week, 1+ day ago (222+ words) Hargreaves Lansdown, the U.K.’s largest retail investment platform, has begun selling nine bitcoin and ether exchange-traded notes to its two million clients. Annual fees run from 0% to 0.35%. The Bristol-based firm, which oversees more than $200 billion in assets, said the rule…...
Sberbank Forecasts $46B in Russian Crypto Trading Volume – Bitbo
2+ week, 4+ hour ago (234+ words) Sberbank, Russia’s largest bank, expects the country’s crypto exchange trading volume to reach 4 trillion rubles—roughly $46.4 billion—in the first year after new legislation takes effect on September 1. Deputy chairman Anatoly Popov told state news agency TASS that volume could…...
Trump Tells Crypto Leaders US Is 'Leading by a Lot' in AI
3+ week, 4+ day ago (255+ words) President Donald Trump hosted cryptocurrency executives and financial regulators at the White House on Wednesday, declaring that the U.S. is “leading by a lot” in both digital assets and artificial intelligence. Representatives from Coinbase, Ripple, and Nasdaq attended the meeting in…...
Trump to Host Crypto Executives as SEC Advances Token Rules – Bitbo
3+ week, 5+ day ago (261+ words) President Donald Trump is set to host cryptocurrency executives at the White House on Wednesday, arriving in the same week that U.S. financial regulators push forward with their framework for certain digital assets. According to his official schedule, Trump will deliver…...
SEC Proposes New Crypto Rules With $75M Offering Exemption
3+ week, 5+ day ago (285+ words) The U.S. Securities and Exchange Commission proposed a new framework on Aug. 18 called “Regulation Crypto Assets,” marking the first major rulemaking effort under the Trump administration to give the industry the tailored rules it has long sought. The proposal builds on…...
Winklevoss Twins Fund 80% of Gemini's 5,528 BTC Treasury – Bitbo
4+ week, 1+ day ago (269+ words) Gemini, the exchange founded by Cameron and Tyler Winklevoss, has built a corporate bitcoin treasury of 5,528 BTC, worth roughly $324 million at current prices. About 80% of that position was financed by borrowing from the twins themselves, meaning the founders are lending…...