A New Hampshire lawmaker introduced legislation this week designed to allow the state’s treasury to invest in digital assets and precious metals. If House Bill 302 is passed, the New Hampshire state treasurer could use a portion of public funds to purchase precious metals, any digital asset with a market capitalization of over $500 billion, […]
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According to a recent report, the cryptocurrency company Abra has acquired a collection of digital currency trusts from Valkyrie Investments. The transaction, which includes Valkyrie’s Tron and Zilliqa trusts, was reportedly concluded before Abra reached a settlement with state regulators. Valkyrie Sells Several Crypto Trusts to Abra At the end of June, Abra resolved licensing […]
On Tuesday, the Nasdaq-listed Canadian company Mogo revealed the firm has purchased 146 ether at an average price of $2,780. The move follows the firm’s corporate investment in bitcoin, as well as offering bitcoin rewards for the company’s mortgage and card clients. The company plans to keep 5% of its balance sheet assets in digital […]