Today in crypto, crypto money is flowing into US state political races with PACs building on 2024 successes. A Danish central bank staff paper revealed that only 4% of the nation’s citizens own crypto, far below other European countries and Jameson Lopp and five co-authors have proposed a new Bitcoin Improvement Proposal that looks to freeze dormant Bitcoin, including Satoshi’s stash.
US midterm election mirrors 2024 as crypto PACs move into Ohio races
Another political action committee (PAC) aligned with the cryptocurrency industry announced its endorsement for a candidate in Ohio’s Senate race, signaling a move that could mirror the 2024 US election.
In a Wednesday notice, Sentinel Action Fund, a group that claims to be the “only conservative Super PAC advancing pro-crypto candidates and supporting pro-crypto innovation,” said it would be supporting Republican Jon Husted in this year’s race to represent Ohio in the US Senate.
Husted was appointed by Ohio Governor Mike DeWine in January 2025 to replace JD Vance, who was elected vice president alongside US President Donald Trump in his 2024 election win. He still faces a field of Republican candidates ahead of a May 5 primary in Ohio, where former Senator Sherrod Brown will also face off in the Democratic primary against Ron Kincaid.
Sentinel Action Fund President Jessica Anderson specifically cited Brown as having “stood in the way of pro-innovation policies when it comes to digital assets” in the PAC’s endorsement of Husted.
Only 4% of Danish citizens hold crypto, far below other European countries
Only 4% of Danish citizens own cryptocurrencies, a figure that has remained unchanged since 2023 despite the global growth of the sector across Europe and other jurisdictions, according to a new staff paper from the country’s central bank published Wednesday.
The Danmarks Nationalbank staff paper, based on a survey conducted by Epinion, revealed that among those who do hold crypto, most maintain relatively small positions. The majority reported holdings below 10,000 Danish kroner (around $1,570), with total national holdings estimated between $317 million and $847 million.
The survey is based on responses from 3,013 citizens aged 15 and above. The data was gathered between October and November 2025 through Denmark’s Digital Post system, with options to respond online or by phone. The sample was weighted to reflect national demographics.
The findings show that Denmark sits at the lower end of crypto adoption compared to other European countries, where ownership rates are higher. Countries such as Norway, Finland and the United Kingdom report over 10% of their populations hold crypto assets.
Bitcoiners propose freezing quantum-vulnerable coins in BIP-361
Cypherpunk Jameson Lopp and five co-authors from the Bitcoin quantum security space have proposed freezing quantum-vulnerable coins on the Bitcoin network, including Satoshi’s $74 billion stash, to prevent them from being stolen once quantum computers become available.
The move is the second part of a three-stage proposal under BIP-361 called the “Post Quantum Migration and Legacy Signature Sunset,” which was posted as a draft to GitHub on Tuesday.
It addresses a major risk to Bitcoin — the potential use of quantum computers to steal roughly 1.7 million BTC locked in early P2PK addresses, including Satoshi’s stash, which are not quantum-proof.
In the wrong hands, these coins could significantly undermine the value of the network.
