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News Bytes – Page 72 – DIGIT INFO

White House Moves to Let 401(k)s Invest in Bitcoin, Gold, Private Equity: FT

President Donald Trump is preparing an executive order to open the $9 trillion U.S. retirement market, specifically 401(k) plans, to investments in cryptocurrencies like bitcoin, gold, and private equity, the Financial Times reported on Thursday. President Donald Trump is reportedly preparing an executive order directing regulatory agencies to clear hurdles for including cryptocurrencies, gold, and … Read more

House Passes GENIUS Act With 308-122 Vote to Regulate Stablecoins

The U.S. House of Representatives passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS Act) with a 308-122 vote, a landmark bill regulating the $250 billion stablecoin market. The House passed the GENIUS Act today. Aimed at making the U.S. the “crypto capital of the world,” it mandates stablecoin issuers to maintain 1:1 … Read more

Nordic Exchange Safello Partners With Marginalen Bank to Enhance Banking Services for Crypto Customers

Safello has signed a strategic framework agreement with Marginalen Bank, allowing Safello’s over 400,000 customers to access a range of banking services through its platform. This partnership introduces Banking-as-a-Service (BaaS), enabling customers to utilize full-service payment accounts, bill payment options, Swish connections, and debit cards. The agreement, which has an initial term of two years, … Read more

The Smarter Web Company Expands Bitcoin Holdings to 1,600 BTC and Introduces New Valuation Metric

The Smarter Web Company PLC, a London-listed technology firm, has announced the purchase of an additional 325 bitcoin, increasing its total holdings to 1,600 BTC as part of its ongoing treasury policy outlined in “The 10 Year Plan.” The recent acquisition, totaling £27,145,693 at an average price of £83,525 ($112,157) per bitcoin, reflects the company’s … Read more

Trezor Co-Founder Launches Glok to Enhance Security for Bitcoin Users Against Rising Threats Such as Kidnappings

Alena Vranova, previously co-founder of Trezor, has announced the launch of GLOK, a new security service aimed at protecting bitcoin users amid rising threats such as kidnappings and ransomware attacks. GLOK offers a private geolocation app that allows users to send distress alerts to a predefined list of contacts while prioritizing user privacy and data … Read more

China Merchants Bank Arm Wins Crypto Licence in Hong Kong

China Merchants Bank’s CMB International Securities has reportedly become the first mainland China-affiliated brokerage to secure a virtual asset licence from Hong Kong’s Securities and Futures Commission. This approval enables CMBI to legally offer cryptocurrency trading, custodial support, and digital asset advisory services within Hong Kong’s tightly regulated framework. Authorities reaffirmed their commitment to becoming … Read more

California Taps Ripple and Coinbase for Government Tech Overhaul

In a bold move to modernize government operations, California’s leadership partners with top tech minds to transform bureaucracy into a model of 21st-century efficiency and innovation. Governor Gavin Newsom unveiled the California Breakthrough Project, a new initiative launched at Ripple’s headquarters with participation from crypto leaders, including Coinbase, to advise on cutting-edge improvements across state … Read more

House Votes to Advance GENIUS Stablecoin Bill, Crypto Market Structure Act

The U.S. House narrowly advanced landmark cryptocurrency legislation Wednesday, including a stablecoin regulatory framework and market structure rules, after a controversial procedural vote. By a 215-211 vote, the House agreed to move forward with the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which creates federal oversight for stablecoin issuers and could reach … Read more

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