Bitcoin sees fresh US sell-off as markets await Nvidia 'biggest earnings event'

After dropping nearly $1 billion on the Bitcoin treasury firm co-founded by Tether, Japanese investment firm SoftBank has been bought out....

South Carolina enacted legislation banning central bank digital currencies while protecting Bitcoin miners and cryptocurrency users from regulatory overreach. The law exempts crypto assets from CBDC restrictions, strengthening the state's pro-crypto stance. Bitcoin traded near $77,400 amid broader market movements. This development signals growing U.S. state-level resistance to government-controlled digital currencies, favoring decentralized alternatives. No direct India angle mentioned in the legislation.

Minnesota enacted legislation allowing state-chartered banks and credit unions to offer cryptocurrency custody services, effective August 1, 2026. The law establishes regulatory frameworks for digital asset safekeeping and requires institutions to implement cybersecurity protocols and file advance notices. St. Cloud Financial Credit Union already launched its custody vault in March, holding approximately 13.5 Bitcoin for members, positioning community institutions competitively alongside traditional finance.