🇰🇬 Kyrgyzstan plans to launch USDKG — a gold-backed stablecoin pegged to the US dollar.

@DeCenterOrg

🇺🇸 Florida authorities have withdrawn the bills proposing the creation of a state Bitcoin reserve — documents HB487 and SB550 have been "indefinitely postponed and withdrawn from consideration."

@DeCenterOrg

🐋 Whale just moved 2343 BTC ($221M) to a new wallet — after 10 years of inactivity.

Another whale transferred 1 079 BTC (around $102.5M) to a new wallet after 12 years of dormancy.

@DeCenterOrg

🇺🇸 New Hampshire has become the first U.S. state to approve the creation of a strategic crypto reserve.

The state treasury is allowed to allocate up to 5% of government reserves into digital assets with a market capitalization exceeding $500 billion — currently, only Bitcoin meets this criterion.

The law will take effect in 60 days.

@DeCenterOrg

🇧🇹 Bhutan and Binance Pay are launching the world’s first national tourism payment system — tourists can pay with cryptocurrency for flights, visas, hotels, tours, entrance fees to attractions, and market purchases.

@DeCenterOrg

🇯🇵 Metaplanet (often referred to as Japan’s version of MicroStrategy) has acquired an additional 555 BTC for $53.4 million — the company now holds a total of 5 555 BTC, purchased for $481.5 million at an average price of $86,672 per coin.

Metaplanet will also raise an additional $25 million to buy more BTC through a bond issuance.

@DeCenterOrg

🇪🇺 Digital bank Revolut will launch Bitcoin payments via the Lightning Network in Europe.

@DeCenterOrg

🇺🇸 Arizona has officially signed a bill to create a state cryptocurrency reserve — it will be funded using unclaimed assets.

There is also a proposal under consideration to include confiscated cryptocurrency in the reserve.

Previously, the governor vetoed a bill that would have allowed state treasurers and pension systems to invest up to 10% of their funds in cryptocurrencies.

@DeCenterOrg

🇧🇴 Bolivia is preparing to launch a digital currency called the “virtual boliviano” to simplify international payments and preserve foreign currency reserves.

The head of the Central Bank stated that the project is being developed with support from international organizations and will be presented on August 6, the country’s bicentennial Independence Day.

Previously, Bolivia had banned the use of banks for purchasing cryptocurrencies, but after lifting the restrictions, transaction volumes doubled. The country has also started using stablecoins as a substitute for the dollar amid a foreign currency shortage.

@DeCenterOrg