All posts tagged: BTC

US Senators Unveil ‘Mined In America Act’ To Reshore BTC Mining, Codify Bitcoin Strategic Reserve

US Senators Unveil ‘Mined In America Act’ To Reshore BTC Mining, Codify Bitcoin Strategic Reserve

Published by Jenni Sidey

Authored by Micah Zimmerman via BitcoinMagazine.com, Republican Senators Bill Cassidy and Cynthia Lummis introduced legislation Monday aimed at reshaping the U.S. digital asset mining sector, tightening supply chains, and embedding bitcoin into federal reserve strategy. The proposal, titled the “Mined in America Act,” would establish a federal certification program for domestic crypto mining operations while phasing out reliance on foreign-manufactured hardware. It also seeks to codify Donald Trump’s executive order creating a Strategic Bitcoin Reserve, placing the policy on statutory footing, according to a release on the matter. “Digital asset mining is a big part of our economy. We should be doing it here in America,” Cassidy said in a statement, framing the bill as a supply chain and manufacturing initiative. Lummis tied the legislation to a broader push to position the United States as a global hub for digital assets. “The Mined in America Act brings this industry home through forward-thinking initiatives to secure our financial future,” she said. The bill directs the Department of Commerce to create a voluntary “Mined in America” certification for mining facilities and pools that …

JPMorgan Activates BTC & ETH As Institutional Collateral

JPMorgan Activates BTC & ETH As Institutional Collateral

Published by Jenni Sidey

Via Sentora Research, JPMorgan has officially bridged the gap between “Digital Gold” and “Wholesale Credit.”  The activation of direct BTC and ETH collateralization allows institutional giants to finally turn their dormant holdings into immediate USD liquidity without selling a single satoshi. Operating through the Kinexys (formerly Onyx) digital financing platform, the bank now allows institutional clients like hedge funds and corporate treasuries to pledge BTC and ETH for USD-denominated liquidity. Unlike previous years where only ETF-wrapped products were supported, this move enables borrowers to leverage their direct on-chain holdings without triggering the capital gains taxes associated with liquidation. The quantitative framework for these loans is defined by a rigorous risk-weighted haircut model. Under the current policy, JPMorgan applies a 30% to 50% haircut on BTC and ETH, effectively setting the maximum Loan-to-Value (LTV) ratio at 50% to 70% depending on 90-day volatility metrics. This structure is designed to buffer against the “cascade risk” inherent in crypto markets, where a 15% intraday drop could otherwise trigger systemic liquidations. By treating BTC and ETH as Tier-1 collateral, JPMorgan is …

Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years

Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years

Published by Jenni Sidey

Authored by Micah Zimmerman via BitcoinMagazine.com, Brazilian lawmakers have reintroduced a bill to create a national Strategic Sovereign Bitcoin Reserve, known as RESBit, proposing the gradual acquisition of one million bitcoins over five years.  The bill, presented by Federal Deputy Luiz Gastão (PSD/CE), outlines a comprehensive framework to integrate Bitcoin into the country’s financial strategy and diversify national reserves. The proposed legislation establishes several guidelines for RESBit. First, the plan calls for a gradual accumulation of at least 1,000,000 BTC over five years. It prohibits the sale of bitcoins seized by Brazilian judicial authorities, ensuring that these assets remain within public control.  The bill also allows for the collection of Brazil’s federal taxes in Bitcoin and offers incentives for public companies to engage in Bitcoin mining and storage. Transparency is a central feature of the proposal. The bill mandates public disclosure of RESBit’s bitcoin holdings through internet-based platforms, enabling auditing by the public. It emphasizes secure storage of digital assets using technologies such as cold wallets, multisignature wallets, and other internationally recognized mechanisms. In addition, the legislation permits temporary holdings …

Wall Street’s Crypto Debate Is Over As Banks Go All-In On BTC, Stablecoins, Tokenized Cash

Wall Street’s Crypto Debate Is Over As Banks Go All-In On BTC, Stablecoins, Tokenized Cash

Published by Jenni Sidey

Authored by Sam Bourgi via CoinTelegraph.com, Big banks aren’t debating crypto anymore — they’re building it. From tokenized cash to ETFs, Wall Street is quietly going onchain. For years, major banks treated cryptocurrency primarily as a risk to be contained. That posture is now giving way to a more deliberate form of engagement. Rather than debating crypto’s legitimacy, banks are increasingly deciding how and where to integrate it, from regulated investment products to blockchain-based payment rails. This shift is on full display in this week’s Crypto Biz. JPMorgan is extending its US dollar deposit token onto new blockchain infrastructure, signaling that tokenized cash is moving closer to production use within global banking.  Morgan Stanley, meanwhile, is positioning itself to offer exposure to Bitcoin and Solana through exchange-traded funds (ETFs), potentially bringing crypto investments to millions of wealth management clients.  Barclays has made its first bet on stablecoin infrastructure, backing settlement rails designed to connect regulated issuers with financial institutions.  And Bank of America has taken another step toward normalization by allowing advisers to recommend spot Bitcoin …