Metaplanet Buys $108M in Bitcoin, Surpasses CleanSpark
Japanese tech investment firm Metaplanet has acquired approximately $108 million in Bitcoin, overtaking CleanSpark’s position in the growing corporate Bitcoin treasury race. This significant purchase highlights increasing institutional confidence in Bitcoin as a long-term store of value and a hedge against currency devaluation.
Ripple Applies for U.S. Bank License to Launch RLUSD Stablecoin
Ripple Labs has officially applied for a national banking charter to facilitate U.S. operations of its upcoming RLUSD stablecoin. With this move, Ripple aims to access the municipal bond market, aligning its product with the existing financial ecosystem and strengthening regulatory credibility.
Texas Declares Gold and Silver as Legal Tender by 2027
In a strong step toward financial sovereignty, the state of Texas has passed legislation that will recognize gold and silver as legal tender starting in 2027. This groundbreaking move reflects growing interest in alternative assets and complements broader discussions about sound money in a post-fiat era.
Senate Passes Trump’s Budget with No Crypto Tax Relief
The U.S. Senate has approved President Trump’s latest budget proposal, but crypto miners and stakers received no tax relief. Despite industry hopes, the legislation did not include any amendments to modernize crypto taxation. This signals continued friction between Web3 innovators and federal financial policy-makers.
