-
Texas Bitcoin Reserve Plan Sparks Fresh Custody Fears
Texas is seeking a custody and liquidity provider to transition its $10 million Strategic Bitcoin Reserve from BlackRock’s iShares Bitcoin Trust ETF into directly held coins, according to a state procurement document posted May 7 and highlighted in a Thursday release from the Texas Comptroller’s office. The move marks a formal shift from passive ETF exposure to direct onchain Bitcoin ownership at the state level. Texas allocated $10 million to the Strategic Bitcoin Reserve under Senate Bill 21, signed by Governor Greg Abbott in June 2025. The state used roughly half of that allocation to purchase shares of ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From decrypt.co|May 30, 2026We the people of the cryptocurrency ecosystem... can now read the entire U.S. Constitution directly from the Bitcoin blockchain. The feat was made possible late Thursday when an ...
From cnbc.com|May 29, 2026Andy Burnham, the politician who threatens to topple U.K. Prime Minister Keir Starmer’s leadership, has called for tighter regulation on AI, Big Tech and key industries if he ...
From theblock.co|May 29, 2026Paxos announced Thursday that its subsidiary, Paxos Securities Settlement Company (PSSC), has received registration as a clearing agency from the U.S. Securities and Exchange ...
-
- Newer Stories
From decrypt.co|May 30, 2026The CFTC gave Coinbase a green light to offer crypto perpetual futures on Friday, setting the stage for the U.S. exchange to soon begin connecting its customers to the lucrative ...
From politico.com|May 30, 2026JPMorgan Chase CEO Jamie Dimon said on Friday that banks “will not accept” the current form of a landmark crypto bill, which could be voted on in the coming weeks, and publicly ...
From zerohedge.com|May 30, 2026Washington's economic war on Iran and its 'shadow' banking network continues, as on Friday Treasury Secretary Scott Bessent announced the US has seized $1 billion in Iranian ...
