List of Flash News about State Crypto Reserve
| Time | Details |
|---|---|
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2025-11-10 07:55 |
Kyrgyzstan to Launch Stablecoin and CBDC, Explore State Crypto Reserve — Trader Brief and 2025 Update
According to @HenriArslanian, Kyrgyzstan plans to launch a stablecoin and a central bank digital currency and will explore creating a state crypto reserve, as stated in his X post dated Nov 10, 2025. Source: Henri Arslanian on X. The post includes a YouTube link for further details at bit.ly/3WN8tcJ but provides no timeline, issuer information, regulatory framework, or reserve asset composition, which limits immediate trading catalysts and on-chain positioning clarity. Source: Henri Arslanian on X. The announcement credits Phoenix Group UAE as powering the content, as noted in the post. Source: Henri Arslanian on X. |
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2025-11-10 06:12 |
Kyrgyzstan to Launch Stablecoin, Develop CBDC, and Explore State Crypto Reserve: Trading Update
According to Henri Arslanian, Kyrgyzstan plans to launch a national stablecoin, develop a CBDC, and explore establishing a state crypto reserve (source: Henri Arslanian on X, Nov 10, 2025). The announcement directs readers to a linked YouTube video for more information and credits Phoenix Group UAE in connection with the content (source: Henri Arslanian on X, Nov 10, 2025). Traders can monitor the cited channel for timing, design choices, and regulatory details that will determine trading relevance once officially released (source: Henri Arslanian on X, Nov 10, 2025). |
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2025-06-29 19:55 |
Texas Approves $10M Bitcoin (BTC) Purchase for State Reserve, Defying Connecticut's Crypto Ban
According to @mcuban, Texas has become the first U.S. state to actively fund a standalone Bitcoin (BTC) reserve, appropriating $10 million for the purchase after Governor Greg Abbott signed the enabling legislation. This bill, HB 4488, also protects the reserve from being swept into general revenue, signaling a strategic shift towards treating BTC as a sovereign financial instrument for long-term holding. This move contrasts sharply with Connecticut, which recently passed a bill unanimously banning any state government entity from purchasing, holding, or investing in virtual currencies. Dennis Porter of the Satoshi Action Fund noted that despite Connecticut's decision, pro-Bitcoin legislation is gaining momentum in other states like North Carolina and Ohio. This state-level activity follows a federal initiative by the Trump administration to establish a national crypto reserve. Current market data shows Bitcoin (BTC) trading around $108,344, reflecting a modest 24-hour gain. |