Wyoming Governor Mark Gordon signed an executive order supporting AI data center development as the state seeks to attract advanced computing and technology investment. Wyoming Governor Mark Gordon has signed an executive order establishing a framework for developing data centers and advanced computing facilities, underscoring the state’s push to attract AI infrastructure investment as demand for computing power accelerates. In an order published Wednesday, titled “Data Centers the Wyoming Way,” Gordon directed state agencies to support the responsible development of large-scale data centers and other advanced computing projects. The framework emphasizes water and environmental sustainability, workforce development and protections for residential electricity customers. “This Executive Order applies to executive branch agencies involved in permitting, reviewing, regulating, supporting, or facilitating large-scale data center development within Wyoming,” the order states. Read more
Scott Bessent said that the Treasury Department was “proceeding with all deliberate speed” on Donald Trump’s 2025 executive order to establish a strategic Bitcoin reserve and digital asset stockpile. US Treasury Secretary Scott Bessent told Senate lawmakers that his department is pushing to establish a strategic Bitcoin reserve and digital asset stockpile more than a year after it was called for in an executive order from President Donald Trump. Speaking at a Senate Finance Committee hearing on Trump’s fiscal year 2027 budget for Treasury on Wednesday, Bessent said that the department was “proceeding with all deliberate speed” on the president’s 2025 order to establish Bitcoin and digital asset reserves. Although the reserve has been filled with crypto seized by the government, Treasury officials had no additional acquisition plans as of March. “We are moving forward very quickly on that, and part of that is our digital assets initiative, the strategic Bitcoin reserve is something, this is new technology, thi...
Reuters reported that Revolut plans to integrate stablecoins into its future US bank as more fintech and crypto companies chase federal banking approvals. Fintech company Revolut plans to offer stablecoins through its future US bank, Reuters reported Wednesday, citing comments from the company's US CEO, Cetin Duransoy. Duransoy told the news service that customers of the bank, which is expected to launch next year, will have access to FDIC-insured accounts, multi-currency deposits, stock trading and cryptocurrency services. He said that Revolut plans to initially target retail and business customers with international banking needs, including those managing multiple currencies. Revolut applied for a US national bank charter in March, which would allow the company to offer federally insured banking products nationwide under a single federal regulatory framework. Read more