Features News TheBitTimes.com

Stablecoins have seen substantial growth since President Donald Trump signed the “GENIUS Act,” a stablecoin regulatory bill, into law on June 17. Coins tracked by DefiLlama have seen their collective market capitalization increase from approximately $251 billion to approximately $268 billion. This growth has had both winners and losers, with some stablecoins that have deeper links to Trump’s crypto empire seeing a disproportionate share of the overall growth. Read more: ANALYSIS: Mapping Donald Trump’s growing crypto empire Among the top coins, the one that’s seen the largest relative increase in its market is the stablecoin issued by Falcon Finance. This coin was founded by Andrei Grachev, who has previously pleaded guilty to fraud in Russia . World Liberty Financial (WLF), one of the crypto firms that the president profits from, invested in Falcon Finance. The coin that’s seen the second largest relative increase is Ethe...

The Texas Bitcoin reserve law officially became reality when Governor Greg Abbott signed Senate Bill 21, establishing state-backed crypto reserves and enabling Texas public crypto buying through direct state investment. This government Bitcoin strategy creates the first legally protected Bitcoin legal framework Texas has implemented, setting new standards for cryptocurrency adoption at the state level right now. Texas Legislature Bill SB 21 details – Source: capitol.texas.gov Also Read: Metaplanet Buys Another 1,111 Bitcoin Worth $111M; BTC Eyes $117K Texas Bitcoin Reserve Law Spurs State-Backed Crypto Strategy Push Protected Investment Framework Enables Public Bitcoin Purchases Texas Strategic Bitcoin Reserve bill text – Source: capitol.texas.gov The Texas Bitcoin reserve law establishes the Texas Strategic Bitcoin Reserve through Senate Bill 21, which was signed into law on June 20, 2025. This government Bitcoin strategy authorizes the state Comptroller to buy, sell, hold,...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...