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Russian Economist Warns: Bitcoin Reserves a ‘Ticking Time Bomb’

A prominent Russian economist has raised concerns over the risks associated with holding Bitcoin as a strategic reserve, calling it a “ticking time bomb” that could pose significant financial and geopolitical threats. As Russia and other nations explore cryptocurrency as an alternative to traditional financial systems, the warning underscores the volatility and regulatory uncertainty surrounding Bitcoin. Bitcoin as a Strategic …

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Senate Repeals Biden-Era IRS DeFi Broker Rule, Bill Heads to President

In a significant move for the cryptocurrency industry, the U.S. Senate has voted to repeal the Biden-era IRS DeFi broker rule, marking a major victory for decentralized finance (DeFi) advocates. The bill now heads to President Biden, who must decide whether to sign or veto the measure. What Was the IRS DeFi Broker Rule? The controversial rule, introduced as part …

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Wyoming to Launch WYST Stablecoin in July, Governor Confirms

Wyoming is set to make history as the first U.S. state to launch its own stablecoin, WYST, this July. Governor [Name] confirmed the rollout, positioning Wyoming at the forefront of blockchain innovation and digital asset adoption. A State-Backed Digital Dollar Alternative The WYST stablecoin will be pegged 1:1 to the U.S. dollar and backed by state-held reserves, ensuring price stability …

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GameStop Eyes $1.3B Convertible Debt Raise for Bitcoin Bet

GameStop (NYSE: GME) has announced plans to raise $1.3 billion through convertible debt, with a portion of the funds potentially earmarked for Bitcoin purchases. This move signals the gaming retailer’s continued interest in digital assets, following its past ventures into crypto, NFTs, and blockchain technology. A Bold Strategy Amid Market Shifts According to the company’s latest filing, GameStop aims to …

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Interactive Brokers Expands Crypto Offerings with SOL, XRP, ADA, and DOGE

Interactive Brokers, a leading global brokerage firm, has expanded its cryptocurrency trading services by adding four prominent digital assets: Solana (SOL), Cardano (ADA), XRP (XRP), and Dogecoin (DOGE). This development, announced on March 26, 2025, effectively doubles the platform’s cryptocurrency offerings, which previously included Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). citeturn0search1 Steve Sanders, Executive Vice President …

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