1. Texas Advances Bitcoin Investment Bill

Texas House Bill 4258 (H.B. 4258) was submitted today to the Government Efficiency Executive Committee for review. The bill authorizes the state auditor to utilize up to $250 million to invest in Bitcoin and also allows municipal authorities or counties to invest up to $10 million of their funds or funds under their control in Bitcoin and/or other cryptocurrencies. If the bill becomes law, it will take effect on September 1, 2025, providing time for state and local government officials to develop investment strategies and custodial plans. According to Bitcoin Laws, H.B. 4258 is one of eight current Bitcoin or cryptocurrency-related bills submitted to the Texas Senate or House of Representatives. Among these eight bills, it is the fifth to enter the committee review stage. Four of the bills (including the current one) will authorize the state to incorporate Bitcoin into its balance sheet in some manner. The other three bills—H.B. 1598, Senate Bill (S.B.) 21, and S.B. 778—call for Texas to establish a Strategic Bitcoin Reserve (SBR). All three SBR bills have entered the committee review stage, with S.B. 21 currently in its second round of committee review. -Original

2. SEC and Gemini Explore Litigation Resolution

The U.S. Securities and Exchange Commission (SEC) has expressed to the New York federal court its desire to "explore potential solutions" to settle its lawsuit against the Winklevoss twins' cryptocurrency exchange, Gemini Trust. The SEC and Gemini Trust jointly requested a 60-day extension for the civil lawsuit on Tuesday. In January of this year, before Trump's inauguration, Gemini agreed to pay $5 million to settle with the Commodity Futures Trading Commission (CFTC). The SEC sued Gemini in 2023, accusing the exchange of illegally raising billions of dollars in crypto assets through the "Gemini Earn" program in partnership with crypto lending firm Genesis Global Capital. Last year, Gemini agreed to return at least $1.1 billion to customers in a separate settlement with New York state regulators. The Trump administration has since withdrawn enforcement actions against several cryptocurrency companies. -Original

3. GameStop Raises Funds to Purchase Bitcoin

Video game retailer GameStop announced on Tuesday that it has raised $1.5 billion through a private placement of convertible bonds and plans to use the proceeds to purchase Bitcoin. Documents submitted to the U.S. Securities and Exchange Commission (SEC) indicate that the company has completed the issuance of $1.5 billion in senior convertible bonds maturing in 2030, with a coupon rate of 0.00%, including the full exercise of a $200 million overallotment option by underwriters. This move mirrors the strategy adopted by Strategy in August 2020 to pivot towards Bitcoin acquisitions. -Original

4. Circle Files for IPO, Plans to List on NYSE

According to market news, stablecoin issuer Circle has submitted an S-1 filing to the U.S. Securities and Exchange Commission (SEC), officially starting the initial public offering (IPO) process. The company plans to list on the New York Stock Exchange under the ticker symbol "CRCL." -Original

5. Uniswap DAO Supports Fiscal Delegation Plan

Uniswap DAO has voted to continue its "Fiscal Delegation Plan," with a preliminary decision to transition to on-chain. The plan allows for the allocation of up to 18 million UNI tokens to 12 selected representatives. -Original

6. Blockchain Association CEO to Join Solana

Kristin Smith announced on social platform X that she will officially step down as CEO of the Blockchain Association on May 16, 2025, and will join Solana on May 19 as the president of the Solana Policy Research Institute, leading its policy strategy. Smith reflected on her leadership in industry advocacy and regulatory dialogue during her tenure, stating that while she will be leaving her current position, it is not a farewell to the crypto industry, but rather a "shift in perspective." The Blockchain Association board has initiated the search for a successor to the CEO. -Original

7. EU Warns of Risks of U.S. Crypto Policies to Traditional Finance

In a joint report released on April 1 by three major EU regulatory bodies, including ESMA, it was noted that the increasingly crypto-friendly policy stance of the U.S. is deepening the interconnectedness of crypto assets and traditional financial markets, which may elevate systemic risks. The report mentioned that the U.S. deregulatory policy expectations are pushing up the volatility of crypto valuations, and without corresponding safeguards, could trigger negative spillover effects on traditional finance. ECB officials have also called for the development of a digital euro to address the high volatility of crypto assets and the global expansion of dollar-dominated stablecoins. -Original

8. Metaplanet Increases Bitcoin Holdings to 4,046 Coins

Metaplanet announced the repurchase of 696 BTC for approximately 10.152 billion yen ($67.9 million), at an average price of 14,586,230 yen ($97,512) per Bitcoin. This purchase was executed through the transfer of previously sold cash-secured put options, bringing the company's total holdings to 4,046 BTC ($340 million). -Original

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。