South Korea's ruling party establishes digital asset task force to draft stablecoin and cryptocurrency legislation

The post Bitcoin (BTC) Supply Held by Large Companies Revealed – Here Are the Latest Figures appeared on BitcoinEthereumNews.com. According to BitcoinTreasuries data, institutions hold a total of 3.74 million Bitcoins, equivalent to approximately 17.8% of the current supply. These assets are held by ETFs, public companies, governments, private companies, exchanges, and DeFi protocols. ETFs and public companies, in particular, make up the largest portion of the total. According to the data, 332 institutions currently hold Bitcoin reserves, including 192 public companies, 44 ETFs or funds, 68 private companies, 13 governments, 11 DeFi protocols, and 4 exchanges/custodians. After accounting for the ~1.1 million BTC held by Satoshi Nakamoto and the 2.3–3.7 million BTC thought to be missing, the 3.74 million BTC held by institutions equates to approximately 22.6%–24.7% of the available supply. The country with the largest Bitcoin holdings is the US (118), followed by Canada (43), the UK (21), Japan (12), and Hong Kong (12). The amount of Bitcoin held by institutions has increased significantly, particularly after the approval of cryptocurrency-holding ETFs in the US and the rise in the number of digital asset treasury companies. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/bitcoin-btc-supply-held-by-large-companies-revealed-here-are-the-latest-figures/

BitcoinWorld Unlocking Dormant Bitcoin: BitcoinOS Unleashes Revolutionary Yield Protocol A significant portion of Bitcoin’s supply remains inactive, sitting untouched in wallets for years. This vast pool of untapped capital, often referred to as dormant Bitcoin, represents a missed opportunity for many in the crypto space. Now, an innovative solution is emerging to put this idle asset to work. BitcoinOS (BOS), a project focused on Bitcoin scalability, has officially launched Grail Pro, a groundbreaking yield protocol designed specifically to utilize this dormant Bitcoin, transforming it from static holdings into dynamic, revenue-generating assets. What Exactly is Grail Pro, and How Does it Activate Dormant Bitcoin? Grail Pro is not just another DeFi protocol; it’s a specialized platform targeting institutional holders of Bitcoin. As reported by Decrypt, this protocol empowers custodial institutions—entities holding substantial amounts of client Bitcoin—to leverage their otherwise inactive holdings. Instead of simply sitting idle, this dormant Bitcoin can now be strategically deployed for various financial activities. The core mechanism involves enabling these institutions to use their clients’ dormant Bitcoin for strategic trading, lending operations, or generating yield through other approved financial instruments. This approach aims to unlock significant value from assets that were previously static, transforming them into productive capital within the broader financial ecosystem. It’s a smart way to make Bitcoin work harder for its holders. Unlocking Tremendous Potential: What are the Benefits of Utilizing Dormant Bitcoin? The launch of Grail Pro presents several compelling advantages, particularly for institutional players and, indirectly, for the entire Bitcoin ecosystem. By activating dormant Bitcoin, the protocol introduces new avenues for liquidity and robust revenue generation. Increased Capital Efficiency: Institutions can make their significant Bitcoin holdings work harder, generating consistent returns rather than simply holding value. New Revenue Streams: For custodial services, this offers a novel way to provide value-added services to their clients, potentially attracting more capital and enhancing profitability. Enhanced Market Liquidity: By bringing previously static assets into active circulation, Grail Pro can contribute to deeper and more liquid Bitcoin markets, benefiting all participants. Innovation in Bitcoin Finance: It pushes the boundaries of what’s possible with Bitcoin, moving beyond simple HODLing to sophisticated financial strategies that mirror traditional finance. This innovation marks a significant step towards maturing the Bitcoin financial landscape, offering powerful tools tailored for the unique properties of Bitcoin. Addressing Security and Trust: Is Your Dormant Bitcoin Safe with Grail Pro? Any discussion around utilizing substantial amounts of Bitcoin, especially institutional holdings, naturally raises critical questions about security and risk management. BitcoinOS understands these concerns deeply. Grail Pro is specifically designed for custodial institutions, implying a robust layer of professional management, security protocols, and regulatory oversight already in place. While the protocol facilitates the utilization of dormant Bitcoin, the ultimate responsibility for comprehensive risk assessment and deployment strategies lies with these institutions. They are expected to implement industry-leading security measures and adhere strictly to regulatory compliance, ensuring client assets are handled responsibly. BitcoinOS aims to provide the secure infrastructure for these operations, not to dictate the risk appetite of its institutional users, thereby fostering a trustworthy environment. The Broader Impact: Reshaping How Institutions View Dormant Bitcoin Holdings Grail Pro’s introduction could significantly alter how institutions perceive and manage their Bitcoin reserves. No longer just a long-term store of value, Bitcoin can now be viewed as a dynamic asset capable of generating consistent returns, even when held for extended periods. This fundamental shift could encourage more traditional financial players to engage with Bitcoin, seeing it as a more versatile and attractive asset class. Consider the immense potential for endowments, corporate treasuries, or large investment funds holding substantial amounts of Bitcoin. With Grail Pro, these entities gain a powerful tool to generate passive income from their holdings, without necessarily selling off their core assets. This could lead to a more stable and integrated Bitcoin presence within mainstream finance, further solidifying its position. BitcoinOS is not just about technical innovation; it’s about fostering a new financial paradigm where even dormant Bitcoin becomes a powerful engine for growth and liquidity across the global financial system, creating unprecedented opportunities. Conclusion: A New Era of Opportunity for Dormant Bitcoin The launch of Grail Pro by BitcoinOS represents a pivotal moment for the Bitcoin ecosystem. By providing a secure and efficient protocol for institutions to utilize their dormant Bitcoin, BOS is unlocking immense value and fostering greater liquidity across the market. This initiative not only enhances the utility of Bitcoin but also paves the way for more sophisticated financial products and services built on the world’s leading cryptocurrency. As the protocol gains traction, we can anticipate a transformative impact on how large holders manage their digital assets, effectively turning idle capital into active, yield-generating wealth. This is truly an exciting development for the future of digital finance. Frequently Asked Questions (FAQs) About Dormant Bitcoin and Grail Pro Here are some common questions regarding BitcoinOS’s new protocol: What exactly is “dormant Bitcoin”? Dormant Bitcoin refers to BTC that has remained untouched in a wallet for an extended period, often years, without any transactions. It represents a significant portion of Bitcoin’s total supply. How does Grail Pro utilize dormant Bitcoin? Grail Pro allows custodial institutions to deploy their clients’ dormant Bitcoin into various financial activities such as trading, lending, or other yield-generating strategies, all within a structured and secure protocol. Who can use the Grail Pro protocol? Grail Pro is designed specifically for custodial institutions—organizations that hold Bitcoin on behalf of their clients. It is not directly accessible to individual retail users. What are the main benefits of using Grail Pro? The primary benefits include increased capital efficiency for institutions, new revenue streams, enhanced market liquidity for Bitcoin, and overall innovation in the Bitcoin financial landscape by activating previously idle assets. What security measures are in place for dormant Bitcoin used in Grail Pro? Grail Pro is built for custodial institutions, which inherently have robust security frameworks and regulatory compliance. BitcoinOS provides the secure protocol infrastructure, with institutions responsible for their specific risk management and security practices. We hope this article has provided valuable insights into BitcoinOS’s innovative approach to activating dormant Bitcoin. If you found this information helpful, please consider sharing it with your network! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption. This post Unlocking Dormant Bitcoin: BitcoinOS Unleashes Revolutionary Yield Protocol first appeared on BitcoinWorld.

TLDR Banco Santander has launched retail crypto trading through its online bank, Openbank. German customers can now trade Bitcoin, Ether, Litecoin, Polygon, and Cardano on Openbank. The service will expand to Spanish clients in the coming weeks and include more tokens. Openbank charges a 1.49% fee per transaction, with no custody fees involved. Banco Santander [...] The post Banco Santander Launches Retail Crypto Trading via Openbank in Germany appeared first on CoinCentral.