Author: Cointelegraph By Ezra Reguerra

Bitcoin Investing Made Simple!

Kansas bill aims to allocate 10% of retirement funds to Bitcoin ETFs

The bill proposes establishing a board of trustees to manage the Bitcoin ETF investments and conduct an annual examination of the investment program. Source link

NFT comeback pushes 2024 volume to $8.8B: Nifty Newsletter

NFTs had a total sales volume of $8.8 billion in 2024, surpassing their record in 2023 by over $100 million. Source link

Illegal crypto ads prevail in UK despite FCA warning

Only 54% of the 1,702 alerts issued by the United Kingdom’s Financial Conduct Authority resulted in illegal crypto ads being taken down. Source link

China tightens crypto trade oversight with new Forex rules

China’s new forex rules require Chinese banks to track identity, fund sources, and trading frequencies to curb cross-border crypto activities. Source link

Franklin Templeton predicts Bitcoin reserves to expand globally in 2025

Politicians in Germany and Hong Kong have signaled their interest in adopting strategic Bitcoin reserves for their nations. Source link

Blockchain Association sues IRS over digital asset reporting rules: Law Decoded

The IRS issued new regulations requiring DeFi platforms to report crypto transactions. In response, the Blockchain Association filed a lawsuit against the IRS, arguing that the rules are unconstitutional. Source link

MicroStrategy buys 2,138 Bitcoin for $209M, yield reaches 74% in 2024

MicroStrategy has bought Bitcoin for the eighth consecutive week, pushing its holdings to 446,400 BTC, worth about $41.5 billion at current market prices. Source link

Malaysia’s securities regulator orders Bybit to halt operations

Malaysia’s Securities Commission said that as of Dec. 27, Bybit had complied with its demands to disable its platforms in the country. Source link

Monthly Bitcoin ATM additions in Australia hit 29-month streak

Australia has a total of 1,359 Bitcoin ATMs, which is about 3.5% of all crypto ATMs in the world. Source link

Bitcoin Runes loses all momentum by 2024 end

The Bitcoin Runes protocol, which had a daily transaction count of over 750,000 on April 23, now struggled to reach 100,000 in December. Source link