Connecticut has become the first U.S. state to formally prohibit its government from investing in cryptocurrencies, including Bitcoin, marking a significant departure from a growing trend among states considering digital assets as part of their financial reserves. On June 10, 2025, Connecticut lawmakers passed legislation that bans all state agencies, ...
Jan3 CEO Samson Mow has dismissed doubts that the U.S. newly established Strategic Bitcoin Reserve (SBR) would not expand its holdings beyond seized assets. In his statement announcing the creation of the Reserve, White House Crypto Czar David Sacks confirmed that the reserve will initially be funded by Bitcoin seized ...
Pro-XRP attorney Bill Morgan has raised concerns about the long-term value of the newly established U.S. Strategic Bitcoin Reserve, warning that it could depreciate if altcoins begin to outperform Bitcoin. In a March 7 post on X, Morgan argued that the market prioritizes asset value over reserve composition. He cautioned ...
