The Trump administration's plan to create a Strategic Bitcoin Reserve is facing legal challenges over which federal agency can control seized Bitcoin holdings. While the Treasury was initially named to manage the reserve, the Commerce Department has also emerged as a contender, with the Justice Department reviewing the legal framework. The reserve would hold Bitcoin forfeited through legal proceedings and is meant to be kept as a long-term asset, not sold. The debate continues over custody, audits, and whether new legislation is needed, with Congress yet to pass any related laws. The U.S. government currently holds over 328,000 BTC, making it the largest known government Bitcoin holder. The key issue now is establishing clear legal authority and operational rules for managing this reserve.
Chu Hai Bang (Shenzhen) Technology Co., Ltd. has launched Vibeperk, a global cross-border e-commerce platform that offers genuine consumer goods at permanently lower prices than Amazon and other major retailers. The platform emphasizes transparent, u...
Edelson Lechtzin LLP is investigating Kering S.A. for potentially keeping tariff-related price increases on luxury brands like Gucci and Saint Laurent without refunding consumers after the U.S. Supreme Court ruled the tariffs unlawful in February 202...
The US government established a Strategic Bitcoin Reserve in March 2025, consolidating seized Bitcoin into a national asset that cannot be sold. Currently holding about 328,372 BTC worth $25 billion, this makes the US the largest sovereign Bitcoin ho...
Hilton has unveiled a new global marketing campaign featuring Deepika Padukone, focusing on the authentic and supportive hospitality experience Hilton provides. The campaign highlights how Hilton's services and team members help travelers feel relaxe...
Etherfi has proposed to build a dedicated credit card backend on Aave V4 via a $175 million initial asset cap on the Optimism network, aiming to replace its current debt manager. The deal includes a 20% revenue share to the Aave DAO, potentially gene...
