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Nasdaq-Listed Tech Firm Approves 20% Crypto Allocation as Part of Treasury Strategy
Crypto Trends

Nasdaq-Listed Tech Firm Approves 20% Crypto Allocation as Part of Treasury Strategy

by admin June 26, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Aurora Mobile, a Nasdaq-listed technology firm based in China, has unveiled a new corporate strategy that includes investing a portion of its treasury into cryptocurrency assets.

On Tuesday, the company announced that its board of directors had approved the allocation of up to 20% of its total cash and cash equivalents toward digital assets, including Bitcoin, Ethereum, Solana, Sui, and others.

Treasury Optimization and Strategic Intent

The company emphasized that the crypto investment plan is structured to preserve asset value while exploring additional opportunities for strategic partnerships, market expansion, and ecosystem growth.

Aurora Mobile clarified that the new investment direction will not interfere with its day-to-day operations or long-term growth strategies. The firm also assured shareholders that sufficient liquidity will be maintained for ongoing operational requirements, and that the digital asset investments are a part of a balanced portfolio approach.

According to Aurora’s official press release, this initiative is aimed at enhancing asset diversification by including exposure to cryptocurrencies, which historically exhibit low correlation with traditional markets.

Company Chairman and CEO Weidong Luo noted that the move also reflects Aurora’s intent to keep pace with technological advancements in the financial sector.

Luo stated that this step signifies a commitment to “modernizing our treasury management practices,” positioning the firm at the convergence of emerging finance and digital infrastructure trends.

Founded in 2011, Aurora Mobile specializes in customer engagement and marketing technologies powered by cloud computing and AI. Despite being primarily focused on enterprise software solutions within China, Aurora is increasingly adopting global financial tools as part of its dual-engine growth strategy, which includes market expansion and AI-driven innovation.

Implications for the Broader Crypto and Tech Ecosystem

Aurora joins a growing number of publicly traded firms exploring digital assets as part of their corporate treasury strategies. While companies like Strategy (formerly MicroStrategy), Gamestop, Metaplanet, and Tesla made headlines with sizable Bitcoin allocations, Aurora’s approach appears more diversified, indicating a broader interest in the overall crypto market.

This strategy could serve as a signal to other mid-cap tech firms in Asia looking to explore asset diversification through blockchain-based instruments.

The timing of Aurora’s move follows the US Securities and Exchange Commission’s (SEC) decision to roll back controversial accounting guidance (SAB 121), which previously discouraged banks and publicly listed firms from holding crypto assets.

That regulatory shift may have contributed to a more favorable environment for corporate entities to allocate funds into digital assets.

With China maintaining a ban on retail crypto trading while showing openness toward blockchain development and central bank digital currency (CBDC) trials, Aurora’s decision could reflect a measured form of engagement that aligns with domestic policy frameworks while targeting global financial exposure.

BTC price is moving downwards on the 2-hour chart. Source: BTC/USDT on TradingView.com

Featured image created with DALL-E, Chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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June 26, 2025 0 comments
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GameFi Guides

Ohio House Approves Bill Exempting ‘Bitcoin Users’ From Minor Tax Burden

by admin June 19, 2025



In brief

  • The Ohio House of Representatives voted to move forward with the Blockchain Basics Act, aiming to establish a $200 tax exemption for capital gains from crypto.
  • The law also prohibits state and local governments from restricting the use of digital assets or interfering with the use of self-hosted and hardware wallets.
  • If passed, residential and industrial crypto mining operations will also be shielded from discriminatory local zoning changes.

Ohio’s House of Representatives voted on Wednesday to move forward with a new crypto bill that seeks several protections for industry participants, advancing it up the legislative chain and inching it closer to becoming law.

If signed into law by Governor Mike DeWine, the Ohio Blockchain Basics Act would prohibit state and local governments from restricting the use of digital assets as payment or interfering with individuals’ use of hardware wallets or “self-hosted” wallets.

It would also permit digital asset mining by individuals in residential areas, subject to local ordinances, and allow mining businesses to operate in industrial zones if they meet existing requirements.

It goes even further by prohibiting local governments from rezoning areas with mining businesses without providing proper notice and an opportunity for comment, and granting those businesses the right to appeal discriminatory zoning actions.

Individuals involved in mining, staking, asset exchange, or blockchain node operations would be excluded from money transmitter, security, and investment laws.

Exemptions from capital gains will also apply to every crypto transaction with a value below $200. Following a 68-26 vote, House Bill 116 now moves to the state Senate for consideration.

Changing tides

Sponsored by Rep. Steve Demetriou, HB 116 was first introduced in February and advanced from the House Technology and Innovation Committee before winning full House approval on Tuesday.

Wednesday’s legislation comes just a day after the U.S. Senate passed major stablecoin reform under the GENIUS Act in Washington, D.C., as crypto regulation across the nation this year continues to firm.

It also marks the latest in state laws enacted to codify rights for crypto users and providers, following Kentucky’s passage of a Bitcoin and Ethereum Self-Custody Law in March.

“We’re getting ready to show the country that Ohio is ready to embrace the future of our economy and blockchain technology and digital assets,” Demetriou said before the vote.

“Once we pass this bill, we’ll become one of the first states in the country to create a common-sense regulatory framework for these cutting-edge technologies and industries,” Demetriou added.

🚨BREAKING: Ohio’s HB 116 passes the House with massive bipartisan support, 68–26.

Majority Whip @steve4ohsenate’s leadership delivers the strongest Bitcoin Rights bill to pass a state chamber in the U.S.

This legislation:
✅ Protects self-custody; Your keys, Your coins. 
✅… pic.twitter.com/HXPrWflCbR

— Satoshi Action Fund (@SatoshiActFund) June 18, 2025

Other states considering new crypto regulations include Arizona, Florida, California, Texas, and Wyoming.

The Satoshi Action Fund, which advocates for state-level crypto policy reform, praised the passage of Wednesday’s bill through the House.

It’s a “clear signal” lawmakers are starting to come around to the idea of guarding the rights of industry participants, while “encouraging innovation in the Buckeye State,” Dennis Porter, CEO and co-founder of the Satoshi Action Fund, told Decrypt.



He also labeled the $200 capital gains exemption “a commonsense fix that helps everyday Bitcoin users avoid unnecessary tax complexity.”

“I’m optimistic this momentum will carry forward in the Senate and look forward to seeing Ohio emerge as a national leader on Bitcoin and digital asset policy,” he said.

The office of Representative Steve Demetriou did not respond to Decrypt’s requests for comment.

Edited by Sebastian Sinclair

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June 19, 2025 0 comments
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'Ironheart' Will Continue Tony Stark's Legacy, and Robert Downey Jr. Approves
Product Reviews

‘Ironheart’ Will Continue Tony Stark’s Legacy, and Robert Downey Jr. Approves

by admin June 18, 2025


“I want to continue Stark’s legacy,” says Riri Williams, the main character in the upcoming Marvel Studios show Ironheart. Played by Dominique Thorne, Riri is a genius inventor, just like the late, great Iron Man, but without his billionaire resources. That conflict will be at the heart of the new show, which debuts on Disney+ June 24, and Tony Stark himself just endorsed it.

Two fantastic Ironheart videos just came online, one of which focuses on the practical suits built for the production. Executive producer Ryan Coogler, who introduced Riri in his film Black Panther: Wakanda Forever, chimes in along with other members of the creative team. Here’s where we get to see Riri really try and be the MCU’s next Tony Stark.

Gear up for a behind-the-scenes look at how Riri’s suit came to life—straight from the filmmakers and special effects team behind Marvel Television’s #Ironheart. Streaming June 24 on @DisneyPlus. pic.twitter.com/XsSEgam5P2

— Marvel Studios (@MarvelStudios) June 17, 2025

In reality, though, we know that the next Tony Stark isn’t Tony Stark at all. He’s Doctor Doom. Robert Downey Jr. is currently in London filming Avengers: Doomsday, where he plays the titular villain, and the actor chimed in from the set to give his approval to Ironheart during an interview with Good Morning America. The full interview is below, but we’ve cued it right up to Downey’s bit.

Now, it’s quite clear Downey is reading a pre-written statement there, and to some, that might make it seem forced. But he didn’t have to read or record anything at all. If this were a political campaign, Ironheart getting the official backing of the Godfather of the MCU like this would be a big deal. And we still think it’s at least a medium-sized deal, just because who better to know stories of geniuses in super suits than Robert Downey Jr.?

Ironheart debuts June 24 and is one of only a handful of Marvel Studios shows coming to Disney+ in the next year or so. After this, there’s the animated Eyes of Wakanda and Marvel Zombies, followed by Wonder Man in December, season two of Daredevil Born Again, probably sometime next year, and, finally, the Vision show. Will Ironheart be the best of the bunch? What kind of impact, if any, will it have on the MCU? We’ll find out soon.

Here’s a look at the episode titles:

Riri’s notebook = unlocked. 🔓

Check out the official #Ironheart episode guide and stream on @DisneyPlus starting June 24. pic.twitter.com/cIJrILXbAi

— Marvel Studios (@MarvelStudios) June 17, 2025

Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.





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June 18, 2025 0 comments
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Thailand Approves Crypto Tax Break To Boost Innovation
GameFi Guides

Thailand Approves Crypto Tax Break to Boost Innovation

by admin June 17, 2025



Thailand is taking a big leap forward in crypto. In a move that could reshape the country’s digital asset landscape, the Thai cabinet has approved a personal income tax exemption on profits made from cryptocurrencies and other digital assets.

Deputy Finance Minister Chulaphan Amornvivat announced on his personal X account, calling it a major step toward Thailand’s goal of becoming a digital asset hub. 

The Ministry of Finance’s plan is designed to bring more blockchain companies into Thailand, boost crypto trading activity, and drive long-term economic growth through innovation.

From January 1, 2025, anyone making profits from selling cryptocurrencies like Bitcoin or Ethereum, through platforms regulated by the SEC, won’t have to pay personal income tax on those gains. This tax exemption will run until December 31, 2029.

Chulaphan, who also represents Chiang Mai under the Pheu Thai Party, shared the official update, saying: “I have good news to tell you! Today, the Cabinet has approved tax measures to promote the Digital Asset Hub as proposed by the Ministry of Finance, focusing on exempting personal income tax for profits from the sale of digital assets (Capital Gains) made through operators under the supervision of the SEC from January 1, 2025 – December 31, 2029.”

[📢 เดินหน้าเต็มสูบ! รัฐบาลเร่งส่งเสริมไทยเป็นศูนย์กลางสินทรัพย์ดิจิทัลของโลก 🇹🇭🌐]

ผมมีข่าวดีมาบอกครับ! วันนี้คณะรัฐมนตรี (ครม.) ได้อนุมัติมาตรการภาษีเพื่อส่งเสริมการเป็น Digital Asset Hub ตามที่กระทรวงการคลังเสนอ…

— จุลพันธ์ อมรวิวัฒน์ (@jamornvivat) June 17, 2025

He added, “Promote transparent trading. Support technology and innovation. Stimulate the Thai economy to grow steadily. Increase tax revenue in the medium term by not less than 1 billion baht.”

Also Read: OKX Expands to Germany and Poland, Boosting Crypto Adoption in Europe





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June 17, 2025 0 comments
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SAG-AFTRA national board approves tentative agreement
Esports

SAG-AFTRA national board approves tentative agreement

by admin June 13, 2025


SAG-AFTRA’s national board has approved the tentative agreement with the convenience bargaining group for its Interactive Media Contract announced earlier this week.

The next step will see the contract submitted to the union’s membership for ratification. SAG-AFTRA noted that if ratified, the agreement will provide performer compensation increases of 15.7% with additional 3% increases over the next three years.

It was also announced that “the overtime rate maximum for overscale performers will now be based on a double scale,” and that health and retirement contribution rates will rise from 16.5% to 17% “upon ratification” then 17.5% in October 2026.

The union shared more details regarding AI guardrails to be implemented, including the requirement of informed consent and ability for performers to suspend informed consent for using a digital replica during strike action.

Safety features were also highlighted, including:

  • Requirement for a qualified medical professional to be present or readily available at rehearsals and performances during which hazardous actions or working conditions are planned
  • Rest periods provided for on-camera principal performers
  • Employers can no longer request performers to complete stunts or other dangerous activities in virtual auditions

Full terms of the three-year plan will be published alongside ratification materials on June 18, 2025.

Earlier this week, SAG-AFTRA formally called off its industrial action against the video game bargaining group, which had been going on for 11 months after the union voted to strike at the end of July 2024.



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June 13, 2025 0 comments
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Texas approves Bitcoin reserve bill, awaits governor’s signature
GameFi Guides

Texas approves Bitcoin reserve bill, awaits governor’s signature

by admin May 21, 2025



Texas is on the verge of becoming the third U.S. state to establish a state-managed Bitcoin. 

The Texas Strategic Bitcoin Reserve and Investment Act, SB 21, was approved by the House of Representatives with a vote of 101-42. The bill now heads to Governor Greg Abbott’s desk for final approval.

SB 21 would authorize the state comptroller to invest in Bitcoin and, potentially, other cryptocurrencies with a market cap exceeding $500 billion over the past 12 months. 

Currently, Bitcoin is the only asset that qualifies. The legislation also directs the creation of a formal Bitcoin reserve, positioning the state to diversify its financial strategy with digital assets.

The bill’s sponsor, State Senator Charles Schwertner, and House advocate Rep. Giovanni Capriglione, framed the initiative as a move to secure Texas’s leadership in digital innovation. 

State’s embrace of Bitcoin

If signed, Texas will join New Hampshire and potentially Arizona in establishing a Bitcoin reserve. However, not all states have embraced the idea. 

Governors in Arizona and Montana recently vetoed or blocked similar proposals, citing the volatility of cryptocurrency markets.

Texas, which boasts a $2.7 trillion economy—ranking eighth globally if it were a country—has already positioned itself as a crypto-friendly state. Governor Abbott has previously expressed strong support for digital assets and accepted Bitcoin donations for his political campaigns.

The bill’s passage comes amid renewed momentum for Bitcoin, which recently hit a record high above $109,000. 



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May 21, 2025 0 comments
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