Overview of the Texas Bitcoin as Strategic Reserve Hearing Date and Time: February 18, 2025, starting at 9:00 AM CST (10:00 AM EST), lasting approximately 2 hours and 45 minutes. Location: Texas State Capitol, streamed via Right Side Broadcasting Network (RSBN). Purpose: To discuss Senate Bill 21 (SB 21), authored by Senator Charles Schwertner, proposing […]
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The memorandum outlines a meeting between Jito Labs, Inc., Multicoin Capital Management, LLC, and the SEC’s Crypto Task Force to discuss the inclusion of staking as a feature in exchange-traded products (ETPs) and potential models for implementing staking in these financial products. Below is a breakdown of the document and an explanation of how staking […]
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Sovereign Wealth Fund The concept of the United States establishing a sovereign wealth fund (SWF) backed by Bitcoin has garnered significant attention, especially following President Donald Trump’s executive order directing the creation of the nation’s first SWF in the form of a Bitcoin reserve. Traditionally, SWFs are state-owned investment funds designed to manage national savings, […]
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