{
Mike Cabell

People

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north dakota lawmakers propose adding bitcoin to state treasury portfolio

North Dakota lawmakers have introduced a resolution encouraging the inclusion of digital assets and precious metals in the state treasury to combat inflation. Sponsored by six Representatives and two Senators, the proposal aims to diversify the state's financial resources without mandating action. This initiative aligns with similar efforts in New Hampshire, Pennsylvania, Texas, Alabama, and Florida to explore Bitcoin as a strategic reserve.
CryptoSlate
United States Dollar USA Giovanni Capriglione Keith Ammon Jimmy Patronis Nathan Toman Andrew Sorrell Matthew Heilman Bob Paulson Todd Porter Mike Cabell Daniel Johnston SuAnn Olson Jeff Barta Jared Hendrix Show more
Finance & Economy, News Article
00:45 11.01.2025

New Hampshire and North Dakota propose strategic bitcoin reserve legislation

New Hampshire and North Dakota have introduced legislation for a Strategic Bitcoin Reserve, aiming to diversify state treasuries with digital assets. New Hampshire's bill, led by Rep. Keith Ammon, refers to "digital assets" without explicitly naming Bitcoin, while North Dakota's proposal has garnered 11 sponsors. The push for Bitcoin reserves has gained momentum following Donald Trump's promise to make the U.S. a crypto capital, though opinions on the likelihood of such a reserve materializing vary among industry leaders.
Cointelegraph
Galaxy Digital Holdings Ltd. USA Keith Ammon Dennis Porter Nathan Toman Donald Trump Mike Novogratz Josh Christy Mike Cabell Jeff Barta Jack Mallers Show more
Finance & Economy, News Article
22:17 10.01.2025

New Hampshire proposes Bitcoin reserve for state treasury investments

New Hampshire has introduced a bill to create a strategic reserve of digital assets, allowing up to 10% of public funds, approximately $360 million, to be invested in Bitcoin and US-pegged stablecoins. The legislation mandates secure custody solutions and regulatory approval for exchange-traded products. This move aligns with a growing trend among states to diversify public funds through cryptocurrency, with similar proposals emerging in at least ten other states.
CryptoSlate
Tether USDt CNY USD Coin JPY USA Giovanni Capriglione Keith Ammon Jimmy Patronis Dennis Porter Mike Cabell Andrew Sorrell Show more
Finance & Economy, News Article
19:25 10.01.2025

Ohio proposes bill for state treasury to invest in Bitcoin

Ohio Representative Derek Merrin has introduced House Bill 703, allowing the state treasury to invest in Bitcoin to address concerns over the devaluation of the U.S. dollar. The bill aims to create a BTC fund, granting the state treasurer authority to allocate funds flexibly as part of Ohio's financial strategy. If not passed before the current legislative session ends on December 31, 2024, the proposal will need to be reintroduced in the next session starting January 2025.
CoinCodeCap
MicroStrategy Incorporated USA Derek Merrin Giovanni Capriglione Mike Cabell Show more
Finance & Economy, News Article
09:49 18.12.2024

Cynthia Lummis proposes national Bitcoin reserve to enhance US financial standing

Wyoming Senator Cynthia Lummis has introduced the BITCOIN Act of 2024, aiming to establish a national Bitcoin reserve to enhance the U.S. dollar's global standing. The initiative seeks to accumulate 1 million Bitcoin over five years, funded by reallocating existing Federal Reserve assets. With Donald Trump’s administration poised to support this legislation, Lummis envisions a transformative impact on the nation's financial strategy.
Decrypt
Apple Inc. USA BRA Sebastian Sinclair David O. Sacks Derek Merrin Cynthia Lummis Donald Trump Mike Cabell Show more
Regulatory & Legal, News Article
06:18 18.12.2024

Ohio proposes bill to create state Bitcoin reserve for public funds

Ohio Representative Derek Merrin has introduced House Bill 703, the Ohio Bitcoin Reserve Act, allowing the state treasury to invest in Bitcoin to protect public funds from devaluation. The bill grants the State Treasurer discretionary power for investments but does not mandate specific allocations. This initiative aligns with similar proposals in Pennsylvania and Texas, as states explore Bitcoin reserves to bolster financial stability.
Decrypt
United States Dollar Apple Inc. USA Giovanni Capriglione Niraj Antani Derek Merrin Cynthia Lummis Donald Trump Mike Cabell Show more
Finance & Economy, News Article
02:27 18.12.2024

Ohio lawmaker proposes Bitcoin reserve bill to enhance state treasury investments

Ohio House Republican leader Derek Merrin has introduced the Ohio Bitcoin Reserve Act, allowing the state treasurer to purchase Bitcoin as part of asset allocation. This initiative aims to protect tax dollars from devaluation and embrace technological advancements in finance. Similar legislation has been proposed in Texas and Pennsylvania, reflecting a growing trend among states to consider Bitcoin as a reserve asset.
Cointelegraph
United States Dollar Coinbase Global, Inc. USA Giovanni Capriglione Derek Merrin Donald Trump Mike Cabell Show more
Finance & Economy, News Article
01:14 18.12.2024

Texas and Pennsylvania move towards strategic Bitcoin reserves boosting cryptocurrency economy

Texas is set to establish a strategic Bitcoin reserve, allowing the state to accept Bitcoin donations, fees, and taxes, with a five-year holding requirement. This initiative, announced by Rep. Giovanni Capriglione, aims to combat inflation and enhance the state's financial strategy, following similar moves by Pennsylvania. Meanwhile, the presale of the meme coin Crypto All-Stars ($STARS) has gained traction, raising over $15.3 million ahead of its launch, benefiting from the recent Bitcoin rally.
NewsBTC
BlackRock, Inc. USA Mike Cabell Dennis Porter Giovanni Capriglione Show more
Finance & Economy, Market Report
15:17 13.12.2024
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