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As Circle prepares for its Initial Public Offering (IPO), the world's largest asset management firm BlackRock plans to acquire approximately 10% of Circle's stock. Bloomberg reported on the 28th, citing sources, with that intends about 10% of Circle's stock as part of its cryptocurrency industry investment. Circle recently submitted its 'S-1' securities registration statement to the U States Securities and Exchange Commission (is SEC), launching its IPO. The IPO public offering funds disclosed by Circle amount to approximately $624 million (about 858 858 billion won).
2. US Department of Labor Abolishes Guideline Banning Bitcoin Investment in Retirement Accounts
On the 28th, the US Department of Labor officially announced that it will freely allow Bitcoin ((BinTC 401k accounts... Previously, in 2022, during the Biden administration, the US Department of Labor issued a guideline prohibiting cryptocurrency investment in accounts, pointing out the risks associated with cryptocurrency as an asset. The US Department of Labor announced that it would abolish the guideline to declare a neutral stance on investment as an institution.
3. US Vice President Acknowledges Bitcoin Holdings
On the 28th, JD Vance, the US Vice President, revealed during his Bitcoin Conference 2025 speech that he holds a significant amount of Bitcoin. Vice President JD Vance considers Bitcoin an excellent hedging asset and stated that the US government will accumulate Bitcoin over the next 10 years as a critical strategic asset.
4. GameStop Purchases 4,710 The US video game retailer GameStop has purchased approximately 4,710 Bitcoinins. BGameStop announced Bitcoin on the 28th through its 13F corporate investment status report submitted to the US Securities and Exchange Commission (SEC), but did not specify the exact timing of the purchase.
Reporter Kwon Seung-won ksw@blockstreet.co.kr
