Cypherpunk Launches Zcash Treasury With $50M Backing

Published at 2025-11-13 13:41:05

Tyler Winklevoss, co-founder of Gemini, announced the launch of Cypherpunk, a vehicle funded with more than $50 million from Winklevoss Capital to accumulate Zcash (ZEC) as a privacy- and self‑sovereignty‑focused treasury asset. The firm said it currently holds 203,775 ZEC and intends to continue building exposure to the privacy coin as part of its balance-sheet strategy.

The announcement matters because it signals institutional appetite for privacy-centric assets and could support additional demand for ZEC, even as privacy coins face heightened regulatory scrutiny in multiple jurisdictions. Market observers say the move fits a broader trend of corporates diversifying beyond BTC and ETH, but regulators and exchanges will likely watch closely for policy and compliance implications that could influence price and adoption.

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Coinbase CEO Brian Armstrong said there is no clash with the White House and that talks remain ongoing as the industry works on proposals tied to the CLARITY market-structure bill. The focus is on ways to support community banks' role in crypto.

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Published at 2026-01-18 00:15:08

Georgia Orders Shutdown of Unlicensed Crypto ATMs

State authorities ordered Virtual Assets LLC to cease operations after the firm failed to demonstrate it was an authorized money transmitter. The action removes access to the company’s ATM network while regulators assess compliance.

Crypto ATMsRegulationVirtual Assets LLCGeorgiaCompliance

Published at 2026-01-17 21:45:06

Texas, New Hampshire Lead U.S. Race to Put Bitcoin on State Balance Sheets

Texas and New Hampshire are among a growing number of U.S. states moving to add Bitcoin (BTC) to their balance sheets as Congress advances a federal crypto market structure bill. The actions signal rising state-level appetite for digital-asset exposure and could shape wider treasury practices.

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Published at 2026-01-17 15:45:05

California fines Nexo $500K over unlicensed loans, stalling US comeback

California regulators have fined crypto lender Nexo $500,000 for issuing thousands of loans without a required license, creating a setback for the firm's plans to resume U.S. operations.

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Published at 2026-01-17 13:00:08

Senators Push Back on Tim Scott’s Broad Crypto Bill

Senate Banking Chairman Tim Scott's sweeping crypto bill faces sharp criticism from Senate Judiciary Chairman Chuck Grassley and ranking member Dick Durbin, who say the measure raises serious concerns. The bipartisan pushback could slow or reshape the proposed regulatory overhaul.