Monday, April 21, 2025
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Rep. Soto seeks to create office to ‘coordinate’ Federal use of blockchain tech

A new bill filed on Thursday, H.R.9067, seeks to create an office that will “coordinate” federal applications of blockchain technology. Sponsored by Rep. Darren Soto, a Democrat representing Florida’s 9th district, the bill would “establish an office within the Department of Commerce to coordinate all non-defense related deployment and activities related

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Guggenheim Fund Seeks $500M Worth Exposure in BTC via Grayscale Bitcoin Trust

In its filing with the US SEC, Guggenheim says that it wants to facilitate a 10% exposure from its $5 billion Macro Opportunities Fund, to Bitcoin. The investment, however, will happen through the Grayscale Bitcoin Trust and could be the biggest institutional investment after MicroStrategy.The Chicago-based global investment giant Guggenheim

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