0 Comments

Semler Scientific boosts BTC holdings with $50M purchase

Semler Scientific, a medical device company, purchased of $50 million worth of Bitcoin between May 13 and May 22, bringing the market value of the company’s Bitcoin (BTC) holdings to $474.4 million, keeping it within the top 13 of BTC Treasury companies. According to a May 23 disclosure, Semler bought a total of 455 BTC […]

0 Comments

Swedish health firm jumps 37% on first Bitcoin buy, China EV seller to buy 1K BTC

Shares in Swedish health tech company H100 Group AB rose 37% after it said it purchased Bitcoin for the first time as part of a new strategy, while China’s Jiuzi Holdings revealed its plan to stack 1,000 Bitcoin over the next year. H100 said on May 22 that it spent 5 million Norwegian krone ($490,830) […]

0 Comments

Crypto perp futures coming ‘very soon,’ says CFTC’s Mersinger

Crypto perpetual futures contracts could receive regulatory approval in the US “very soon,” says outgoing Commodities and Futures Trading Commission Commissioner Summer Mersinger. Perpetual crypto futures “can come to market now,” Mersinger told Bloomberg TV on May 22.  “We’re seeing some applications, and I believe we’ll see some of those products trading live very soon,” […]

0 Comments

‘No questions asked’ Bitcoin launderer gets 6 years in prison

A US man operating what prosecutors called a “no questions asked” cash-to-Bitcoin conversion service has been sentenced to six years behind bars and was ordered to hand over millions of dollars.  Boston federal court Judge Richard Stearns sentenced Trung Nguyen, from Danvers, Massachusetts, to six years in prison followed by three years of supervised release, […]

0 Comments

Michigan lawmakers file 4 crypto bills on retiree funds, CBDCs, mining

Michigan lawmakers have introduced four crypto-related bills covering crypto mining, central bank digital currencies (CBDCs) and crypto in state retirement funds. Republican state Representative Bill Schuette introduced House Bill 4510 on May 21, which would amend Michigan’s Public Employee Retirement System Investment Act to allow the state treasurer, currently Rachael Eubanks, to invest in cryptocurrencies […]