Ireland’s Crypto Crossroads: McGregor Calls for National Bitcoin Reserve

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📈 Preview On Today’s News:

1. - Ireland’s Crypto Crossroads: McGregor Calls for National Bitcoin Reserve

2. - Crypto Haven or Fiscal Gamble? Missouri Moves to Nix Taxes on Digital Gains

3. - Wall Street Vaults Into Bitcoin: Goldman Sachs Joins $1.65B Crypto ETF Surge

Keep reading below for more!

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Today’s News:

1)

Ireland’s Crypto Crossroads: McGregor Calls for National Bitcoin Reserve

Conor McGregor, the famed former UFC champion, has ignited public debate by proposing the creation of a national Bitcoin reserve for Ireland. Announced via Twitter on May 10, 2025, his call aims to empower Irish financial sovereignty through crypto, drawing parallels to Bitcoin reserve strategies employed by the U.S. and El Salvador. The post quickly garnered widespread attention, reaching over 500,000 views and sparking speculation about McGregor's political ambitions. While the initiative currently lacks official endorsement, its viral impact could steer national discourse toward digital asset integration and long-term economic strategy.

• Conor McGregor proposed an Irish Bitcoin reserve to restore financial power to the public, gaining massive attention but no official backing yet.

• The move mirrors global trends and may influence Ireland’s crypto policy, with growing speculation about McGregor’s political aspirations.

2)

Crypto Haven or Fiscal Gamble? Missouri Moves to Nix Taxes on Digital Gains

Missouri is on the brink of becoming the first U.S. state to eliminate state income taxes on cryptocurrency gains, following the legislature’s approval of a sweeping bill. If signed by Governor Mike Kehoe, the measure would exempt profits from assets like Bitcoin, Ethereum, XRP, and even stocks, potentially transforming Missouri into a magnet for crypto investors. While proponents tout the move as a bold step toward financial innovation and economic competitiveness, critics warn it could trigger a $430 million annual revenue shortfall, jeopardizing essential public services. The legislation reflects a growing divergence between state and federal crypto policies, intensifying debates over fiscal responsibility and regulatory alignment.

• Missouri passed a bill to exempt crypto and stock gains from state taxes, potentially costing the state $430 million in annual revenue.

• The law awaits Governor Mike Kehoe’s signature and could position Missouri as a leading crypto-friendly state, despite federal tax compliance concerns.

3)

Wall Street Vaults Into Bitcoin: Goldman Sachs Joins $1.65B Crypto ETF Surge

Goldman Sachs has officially entered the Bitcoin ETF arena with a $1.65 billion investment, placing it alongside institutional giants BlackRock and Fidelity. This strategic move, revealed through SEC filings, reflects a growing appetite among legacy financial institutions for regulated exposure to digital assets. The recent approval of Bitcoin ETFs by the U.S. Securities and Exchange Commission has opened the door for institutions to participate in crypto markets without directly holding volatile assets. Goldman’s position not only strengthens Bitcoin’s credibility within traditional finance but also signals a potential shift in long-term investment strategies, as more firms explore digital assets within compliant frameworks.

• Goldman Sachs disclosed a $1.65 billion stake in Bitcoin ETFs, joining BlackRock and Fidelity in a growing trend of institutional crypto adoption.

• The move reflects rising confidence in Bitcoin’s long-term value and marks a pivotal shift toward regulated, risk-managed digital asset exposure.

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