Tag: Plans

US Treasury plans to continue accumulating Bitcoin, Treasury Secretary discussed at private dinner with CleanSpark executive

admin

Key Takeaways US Treasury Secretary Scott Bessent reportedly discussed plans for the government to continue accumulating Bitcoin during a private meeting with industry executives. The US currently holds about $17 billion in Bitcoin and does not plan to sell it, Bessent reiterated. Share this article US Treasury Secretary Scott Bessent discussed the government’s Bitcoin holdings and accumulation strategy during a private dinner with CleanSpark Executive Chairman Matthew Schultz. According to a post from Schultz, the conversation touched on the crypto market structure bill, the US economy, and the Strategic Bitcoin…

North Dakota plans to launch USD-backed Roughrider Coin in 2026

admin

Key Takeaways North Dakota will launch Roughrider Coin, a USD-backed stablecoin, in 2026 via the Bank of North Dakota. Roughrider Coin will initially target interbank financial activities to improve efficiency and security. Share this article North Dakota plans to launch the Roughrider Coin, a USD-backed stablecoin, in 2026 through the Bank of North Dakota for initial use in interbank financial activities. The state will become the second US state to issue a stablecoin, following Wyoming’s earlier initiative. The Bank of North Dakota is developing Roughrider Coin to facilitate secure and…

CEA Industries reveals $633M BNB holdings with plans to expand

admin

Key Takeaways CEA Industries disclosed $633 million in BNB holdings, signaling strong corporate support for the token. The company plans to further expand its cryptocurrency treasury, focusing exclusively on BNB as its reserve asset. Share this article CEA Industries, a publicly traded company with ticker BNC, revealed holdings of 480,000 BNB worth over $633 million today. The company plans to expand its cryptocurrency treasury further. The company has positioned itself as a leader in corporate BNB adoption, pivoting its treasury strategy to focus exclusively on holding the cryptocurrency as its…

Near Foundation Plans AI Delegates to Solve DAO Voter Apathy

admin

The Near Foundation is developing artificial intelligence-powered “delegates” to eventually vote on behalf of its decentralized autonomous organization (DAO) members, aiming to address low voter participation that has become typical of many protocols.  Lane Rettig, a researcher at the Near Foundation, specializing in AI and governance, told Cointelegraph that the AI-powered governance overhaul is still in development. The Near Foundation oversees the layer-1 Near Protocol. The idea is that a user’s delegate, or “digital twin,” will learn their preferences and then act accordingly when it comes time to make governance decisions.…

Circle plans on-chain refund protocol for Arc blockchain

admin

Key Takeaways Circle plans to launch an on-chain refund protocol for its Arc blockchain to address fraud and compliance issues in stablecoin transactions. The Refund Protocol will use escrow and arbiter-resolved refunds to let treasury teams and banks manage disputes fully on-chain. Share this article Circle plans to introduce an on-chain refund protocol for its Arc blockchain to address fraud and compliance issues in stablecoin transactions. The Refund Protocol will hold disputed payments in escrow and enable arbiter-resolved refunds, providing a mechanism for treasury teams and banks to manage transaction…

Nubank Plans Stablecoin Integration for Credit Card Transactions

admin

Nubank, Latin America’s largest digital bank, is reportedly planning to integrate dollar-pegged stablecoins and credit cards for payments. The move was disclosed by the bank’s vice-chairman and former governor of Brazil’s central bank, Roberto Campos Neto. Speaking at the Meridian 2025 event on Wednesday, he highlighted the importance of blockchain technology in connecting digital assets with the traditional banking system.  According to local media reports, Campos Neto said Nubank intends to begin testing stablecoin payments with its credit cards as part of a broader effort to link digital assets with…

Strive completes merger to enable $700M in Bitcoin purchases, plans immediate buying

admin

Key Takeaways Strive completed a merger to enable $700 million in Bitcoin purchases. The firm plans to begin acquiring Bitcoin immediately as part of its new investment strategy. Share this article Investment firm Strive today completed a merger that enables it to proceed with $700 million in planned Bitcoin purchases. The firm, founded by Vivek Ramaswamy, indicated it plans to begin acquiring Bitcoin “immediately.” The merger’s completion marks a direct move into crypto assets for Strive, which can now execute its previously announced Bitcoin investment strategy. Share this article Source…

Nasdaq-listed Webus plans to bring XRP payments to Air China loyalty members

admin

Key Takeaways Webus plans to introduce XRP payments for Air China’s PhoenixMiles loyalty members via Wetour. The integration aims to offer faster settlement, tokenized rewards, and blockchain-enabled vouchers for travelers. Share this article Nasdaq-listed Webus International Limited has formed a strategic partnership with Air China Limited, one of China’s three major state-owned airlines, to offer airport transfers and premium chauffeur services to PhoenixMiles members worldwide through its Wetour travel service brand, according to a recent announcement. The company, which recently secured up to $100 million in funding through a senior…

NFTs by mail? US Postal Service plans to support postage tokens

admin

The United States Postal Service will soon be stepping into the nonfungible token market. Not to release artwork or music, but rather to help customers purchase postage. In an announcement on Tuesday, communications-as-a-service platform CaseMail said the USPS had certified its postage nonfungible tokens, or NFTs, for use in the United States. The tokens are digitally stamped on the USPS’ ePostage labels and the physical item being mailed, creating a verifiable chain of custody for digital and physical assets, as all data is recorded on the blockchain. “Using NFTs to…

Marshall Islands President Survives No Confidence Vote Prompted by National Crypto Plans

admin

The President of the Republic of the Marshall Islands Hilda Heine has narrowly survived a no confidence vote that was partly prompted by her plans to introduce a national digital currency, Asia-focused English-language publication Nikkei Asian Review reports Nov. 12. The Marshallese parliament was reportedly split 16-16, just one vote short of the number needed to prompt Heine to resign the office of president. The country’s parliament had initially backed the creation of a national digital currency, called the Sovereign (SOV), in February of this year, to be distributed and…