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President Trump officially forms Elon Musk's Department of Government Efficiency (DOGE) by executive order.
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Utah representative proposes Strategic Bitcoin Reserve legislation.
According to PANews, Utah State Representative Jordan Teuscher has introduced legislation aimed at establishing a strategic Bitcoin reserve. This initiative reflects a growing interest in integrating cryptocurrency into state-level financial strategies. The proposal underscores the potential role of $BITCOIN in diversifying financial reserves and enhancing economic resilience. Details on the legislative process and potential impacts of this proposal are yet to be disclosed.
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Bank of America CEO says the financial industry is ready to adopt crypto payments if regulators give the green light.
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Coinbase CEO Brian Armstrong says President Trump is excited about a Strategic Bitcoin Reserve.
"The world is moving to a $BITCOIN standard for money. Any government who holds gold should also hold $BITCOIN as a reserve."
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CME Group just added XRP and SOL futures to their website.
The site claims the futures are going live on February 10th.
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