Steak ‘n Shake is launching a bitcoin bonus program for hourly workers, giving $0.21 per hour worked that vests after two years, following its $10 million corporate bitcoin purchase.
Coinbase CEO Brian Armstrong sparred with France’s central bank governor at the World Economic Forum, arguing that Bitcoin’s decentralized, fixed-supply design makes it more independent than central banks.
Jefferies strategist Christopher Wood has dropped Bitcoin from his Greed & Fear portfolio, citing quantum computing as a potential existential threat to its cryptography.
West Virginia lawmakers introduced a bill that would allow the state treasurer to invest up to 10% of public funds in bitcoin, gold and precious metals.
Rhode Island lawmakers have reintroduced a temporary Bitcoin tax exemption bill that would eliminate state income and capital gains taxes on small Bitcoin transactions — up to $20,000 annually.
SEC Chair Paul Atkins says it is still unclear whether the U.S. will seize Venezuela’s rumored $60 billion Bitcoin holdings, while emphasizing upcoming legislation to clarify crypto regulation.
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