In a move that diverges from many other U.S. states, Connecticut has passed a new law that bars state and local governments from investing in bitcoin or any other digital currency.

The bill, HB7082, passed unanimously in both the House and Senate with zero opposing votes.

The law, officially titled “An Act Concerning the Regulation of Virtual Currency and State Investments,” was signed into law recently and is causing a stir in the Bitcoin and financial communities.

HB7082 prohibits the state of Connecticut and its political subdivisions from accepting, holding or investing in digital currencies. This includes bitcoin, ethereum and other digital assets. It…

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Japanese fashion company ANAP Holdings has expanded its Bitcoin holdings by 50.56 BTC over the past two days bringing its total to 153.4627 BTC. The value of these holdings now exceeds 2.17 billion yen signaling the company’s strong confidence in the future of cryptocurrency. This move was made through its subsidiary ANAP Lightning Capital as part of a strategy to enhance asset efficiency and explore high-return opportunities in the digital asset space.

The company has confirmed that the valuation of its Bitcoin assets will follow fair value accounting and any changes in value will be reflected in its income statement. While unrealized gains or losses will impact non-operating income ANAP promises to disclose any significant effects on its financial performance. This bold move underlines ANAP’s belief in Bitcoin as a modern and effective tool for long-term asset management and growth

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GameStop digs into the crypto world with a bold $1.75 billion offering of 0% convertible senior notes. The company also gives initial buyers a chance to grab another $250 million in notes. This move is seen as a step toward adding more bitcoin to its balance sheet and building long-term digital strength.

The gaming retailer updated its investment policy in March to include bitcoin as a treasury reserve asset. Funds raised will support general operations and future investments. GameStop previously raised $1.5 billion in April and bought 4,710 bitcoin on May 28 marking its first major crypto step.

GameStop continues to face falling revenue with a 17% drop in Q1 sales from last year. Despite a sharp decline in stock price the company signals confidence in crypto as a future path. By digging into bitcoin it joins over 100 public companies now embracing digital currency as a key asset.

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The U.S. Senate voted 68 to 30 to advance the GENIUS Act a bill focused on regulating stablecoins marking a major step toward crypto innovation. The bipartisan move clears the way for a final vote soon potentially as early as Monday. The bill requires stablecoins to be backed by U.S. dollars or similar liquid assets and enforces annual audits for issuers with over $50 billion in value.

Senate Banking Chair Tim Scott praised the bill as a win for innovation and national security. Support came from both parties although some Democrats including Chuck Schumer and Elizabeth Warren voted against it. President Trump’s administration backed the legislation stating he would sign it if passed. Trump has been vocal about pushing crypto growth and has ties to digital asset ventures.

If passed by the Senate the GENIUS Act faces hurdles in the House where a separate stablecoin bill has already been approved by committee. Lawmakers will need to reconcile the two versions to bring unified stablecoin rules to life.