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NewsBriefs - Lomond School in Scotland to accept Bitcoin payments and considers BTC reserve

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    Lomond School in Scotland to accept Bitcoin payments and considers BTC reserve

    Lomond School in Helensburgh, Scotland, will become the first UK school to accept Bitcoin as payment, addressing requests from local and international parents. The school plans to incorporate Bitcoin in phases and convert it to pound sterling to manage risks, ensuring compliance with UK financial regulations. Additionally, Lomond School may establish a Bitcoin asset reserve if the cryptocurrency gains wider acceptance in the UK and globally.

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    • Decrypt

      Lomond School in Scotland to accept Bitcoin payments and considers BTC reserve

      Lomond School in Helensburgh, Scotland, will become the first UK school to accept Bitcoin as payment, addressing requests from local and international parents. The school plans to incorporate Bitcoin in phases and convert it to pound sterling to manage risks, ensuring compliance with UK financial regulations. Additionally, Lomond School may establish a Bitcoin asset reserve if the cryptocurrency gains wider acceptance in the UK and globally.

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    • The Block

      SEC crypto task force roundtable signals regulatory shift as Uyeda backs innovation-first approach

      The US Securities and Exchange Commission (SEC), under Acting Chair Mark Uyeda, is exploring temporary regulatory measures to encourage blockchain innovation in the US. This approach marks a shift from the stricter oversight under former Chair Gary Gensler. The discussions occurred during a roundtable hosted by the SEC's crypto task force, which included major industry players like Uniswap Labs, FalconX, Coinbase, and representatives from traditional financial institutions. The SEC's evolving stance comes ahead of Paul Atkins taking over as Chair, indicating potential for a more crypto-friendly regulatory environment.

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      SEC allows McDonald's to dismiss Bitcoin treasury proposal by conservative shareholders

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      Bitcoin rises 4% as US inflation data bolsters market optimism

      Recent US macroeconomic data revealing a decline in both the Producer Price Index (PPI) and Consumer Price Index (CPI) has spurred a 4% increase in Bitcoin prices to $82,500. Supplements from the Bureau of Labor Statistics indicated reductions in PPI by 0.4%, with core PPI dropping 0.1%, both lower than anticipated. This decrease in inflation rates has led to market optimism, promoting a broad recovery in crypto markets, with notable gains in major altcoins like Ether, Solana, and Cardano. Analysts, however, caution that cryptos' sensitiveness to geopolitical and economic headlines could affect this resurgence, as they keep an eye on US Treasury market conditions and ongoing US-China tariff tensions.

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      DOJ memo on crypto non-prosecution does not affect Do Kwon case, say US prosecutors

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      SEC dismisses claims against Nova Labs related to Helium Network

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    • Bloomberg

      US inflation shows slowdown in March ahead of new tariff challenges

      US core inflation rose by only 0.1% from February to March 2025, marking the least increase in nine months, while the general consumer price index decreased by 0.1%, the first drop in nearly five years. Annually, core CPI experienced a 2.8% increase, the smallest rise in nearly four years. Notable contributors to the slowdown included reduced prices for energy, used cars, and airfares. This inflation relief occurs amidst new expansive tariffs imposed by the US, which could soon pressure consumer prices further.

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      Bloomberg

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      BlackRock, Grayscale, and Bitwise win SEC approval for Ethereum ETF options

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      Ethereum Foundation's Virgil Griffith released from prison on parole

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      The Block

    • GlobeNewswire

      21Shares and House of Doge introduce exclusive Dogecoin ETP on SIX Swiss Exchange

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      GlobeNewswire

    • The Block

      Argentina congress advances investigation into officials linked to Libra memecoin scandal

      Argentina's Chamber of Deputies voted to investigate government officials involved in the Libra memecoin scandal linked to President Javier Milei. The investigation involves setting up a commission, summoning several top officials, and requesting a detailed government report on Libra, a Solana-based token developed by Delaware-based Kelsier Ventures. Milei's initial promotion led to a rapid market surge and subsequent crash of Libra, resulting in accusations of fraud and calls for his impeachment.

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    • SEC.gov

      Tether increases stake in Bitdeer to 22.8%, new SEC filing reveals

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      SEC.gov