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The news comes amid rumors that Trump, who is also slated to speak at the conference, had plans to endorse Bitcoin as a strategic reserve asset.
The firm's bull case projects Bitcoin could reach a staggering $52.4 million per coin by 2050.
The bill, which was first introduced a few years ago, is expected to take effect on Sept. 1, pending final approval from the federation.
The development marks a significant milestone in a decade-long effort to reimburse those affected by the infamous 2014 hack that led to Mt. Gox's collapse.
Conference organizer suggests Harris must address Ross Ulbricht's sentence before engaging Bitcoin community.
Market observers said the three may find common ground with their recent interest in crypto.
Ferrari's expansion into crypto payments reflects the rising influence of digital currencies in the luxury auto market.
Polymarket’s innovative approach to betting on US political outcomes bypasses traditional regulations and drives significant user engagement.
Winklevoss' remarks come after reports revealed the Harris campaign was in ongoing discussions to participate in the Bitcoin2024 conference.
