Author: cryptotechbro
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Investment giant VanEck has registered a Binance Coin (BNB) exchange-traded fund in Delaware, marking its fifth cryptocurrency ETF registration in the state. The move comes as major financial institutions continue to bet on digital assets despite market volatility. BNB Joins VanEck’s Crypto ETF Lineup According to public records on Delaware’s official state website, VanEck registered the new product on Monday under filing number 10148820. The “VanEck BNB ETF” was registered as a trust corporate service company, following similar registrations for Bitcoin, Ethereum, Solana, and Avalanche ETFs. The…
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Sumitomo Mitsui Financial Group (SMBC), a Japanese banking and financial services conglomerate, along with business systems firm TIS Inc, Ava Labs — the developer of the Avalanche network — and digital asset infrastructure company Fireblocks, have signed an agreement to explore a framework for commercializing stablecoins in Japan.Under a Memorandum of Understanding, the companies will focus on developing strategies around issuing and circulating stablecoins pegged to the US dollar and Japanese yen, according to a joint announcement.Additionally, the collaboration will explore stablecoins as a settlement mechanism for tokenized real-world assets such as stocks, bonds, and real estate.Stablecoins continue to be…
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Today, H.B. 4258, which authorizes the state’s comptroller to invest up to $250 million in bitcoin has been referred to the state’s Delivery of Government Efficiency Committee, which is Texas’ version of the United States federal government’s DOGE. The bill was originally introduced to the Texas House of Representatives on March 11, 2025, and was sponsored by two Democratic Congresspeople — Rep. Ron Reynolds and Mihaela Plesa. Under the proposed legislation, Texas’ comptroller would have the power to invest funds (up to $250 million, as mentioned) from the state’s Economic Stabilization Fund — colloquially referred to as the state’s “Rainy…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Department of the Treasury and other federal agencies are expected to disclose their holdings of Bitcoin (BTC) and other cryptocurrencies on April 5. The upcoming reveal stems from President Donald Trump’s executive order on March 6, which called for the formation of both a Strategic Bitcoin Reserve (SBR) and a broader Digital Asset Stockpile. According to a presidential document published on March 11, all federal agencies must submit their digital asset holdings to the Treasury Secretary within 30 days of the order. The Treasury Secretary…
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Yellow Wallet upgrade integrates Fusion Swap technology from 1inch, delivering a seamless and secure cross-chain token swapping experience. Yellow Network has upgraded its Yellow Wallet by integrating Fusion Swap technology from 1inch, delivering a seamless and secure cross-chain token swapping experience with built-in protection against excessive fees. 1inch, a prominent decentralized exchange (DEX) aggregator, is known for optimizing trades by pulling liquidity from multiple platforms to ensure users get the most favorable rates across various blockchains. Its Fusion Swap technology marks a major improvement for decentralized finance (DeFi) users, as it leverages a specialized execution model that safeguards traders from…