Crypto Inheritance Update: May 2025

An update for Vault12’s customers on regs, the industry, and crypto inheritance management.

Senator Bill Hagerty, author of the Stablecoin Bill, opens the Hill & Valley Forum, Washington D.C.

May Highlights:

1. Hill & Valley Forum in D.C. was an impressive gathering of Silicon Valley entrepreneurs, VCs combined with administration officials, Senators and other members of Congress. While the underlying theme was national security issues and ensuring that the U.S. is at the centre of momentum across a number of key initiatives, crypto was ever-present - especially the importance of shoring up our financial infrastructure and enabling innovation of financial products and services like stablecoins. Opening remarks were by Senator Bill Hagarty, the author of the GENIUS act which is now scheduled for a full hearing by the Senate in June.

2. Canada Blockchain Week (CryptoMondays, Blockchain Futurist, Consensus): I got to speak at the beginning of the week at CryptoMondays and Blockchain Futurist. There was lots of great positive energy in the room as so many crypto people descended on Toronto.

3. GENIUS Act, Stablecoin Bill: After the failed Senate procedural vote on the GENIUS Act, negotiations continued, led by a bipartisan group of negotiators, leading to a modified bill and a new vote on 19th of May.

   
   Despite attempts by a disgruntled Senator who tried to browbeat her colleagues into voting against the GENIUS act, the vote succeeded (66-32) and a further vote to pass forward the GENIUS bill to a full session of the Senate succeeded with 69 bipartisan votes. The full bill will be presented to the Senate in June.

4. Upcoming legislative milestone: On June 10, the House Financial Services Committee will hold a markup on various bills, potentially including digital assets-related legislation - Market Structure bill.

*NEW* Promo Codes for Vault12 Guard

The iOS promo codes are good for a 1 year subscription at no cost, then will revert to standard price for the Inheritance plan. iOS codes can be redeemed in the Apple App Store.

The Android codes are good for 90 days subscription at no cost, then will revert to standard price for the Inheritance plan. Android codes are redeemed when selecting and paying for the Inheritance plan in the app.

See instructions for how to redeem here.

Code: NL0525
iOS: https://apps.apple.com/redeem?ctx=offercodes&id=1451596986&code=NL0525
Android: Enter code NL0525 when you select the Inheritance plan

Panels & Podcasts:

• Genzio: Canada Crypto Week

• Blockchain Futurist: The Real future of NFTs

• Digital Commonwealth Summit: How the shift in US policy and regulation is reshaping Digital Assets

• Stars Podcast/Growth Mindset: Crypto Inheritance

• Seeking Alpha Podcast

• Genzio Podcast: Crypto Inheritance and Quantum safe encryption

• Global CryptoMondays Podcast
  

Vault12 Guard Product Update

May 2025 - Version 2.6.3

Following Judge Rodriguez Rogers ruling in favour of Epic Games against Apple, we updated the Vault12 Guard app straight away to reference the new payment portal and highlight the “Epic Deal”, 50% off with VGT for a crypto subscription, for iOS.

Subsequently in mid-May, we added references for both iOS and Android to pay using crypto. This ruling addresses a major restriction on App Store economics: the ability to reference alternate payment methods in the app — including crypto payments — however, many, many restrictions remain in place. We are committed to fighting these overreaches on both platforms.

1. Per Apple's new guidelines - we now can provide payments via crypto ($ETH and $VGT) available at the 'Manage my Vault" link on our website.

2. This includes our Epic deal promotion - now use $VGT to buy a subscription and get 50% off when you use the native token of Vault12, $VGT. These payment options are now available for both iOS and Android.

3. The Vault12 Guard Inheritance Plan cost has been updated to $1 per day on a monthly basis.

4. Various bug fixes and performance improvements for the smoothest experience.

New to Crypto Inheritance? Start here.

• Stablecoins remain near the top of the news cycle this month as the “Guiding and Establishing National Innovation in U.S. Stablecoins” (GENIUS) Act winds its way through the U.S. Congress. Also this month, Circle, the company that issues the 2nd-largest stablecoin (USDC), filed paperwork in preparation for its IPO. Strengthen your understanding of why stablecoins are so hot by taking a spin through the Vault12 article “Stablecoins' momentum builds in bridging traditional and digital assets.”

• Are you feeling the Bitcoin energy this month, perhaps due to the Bitcoin 2025 conference in Vegas (our VP of Engineering is attending), or due to the all-time high price this month of nearly $112,000 USD? It’s been a long time coming. For some enlightening perspective, we suggest you peruse our short Blog post entitled “Bitcoin Billionaires and the Security of Money,” which reviews some of Bitcoin’s journey, and highlights all the people mentioned in the book who are part of Vault12.

• You may have read the terrifying story this month about a crypto crime wherein an Italian man was kidnapped in New York City and tortured in an attempt to force him to reveal the seed phrase to his Bitcoin crypto wallet. It is just the latest in a series of disturbing crimes against crypto owners, leading many to stop and consider the sensibility of maintaining a “dummy wallet” to offer thieves in case they find themselves in such an emergency situation. If you want to create a “dummy” wallet for yourself, please read the Vault12 article “How do Crypto Wallet Passphrases work?” to learn about how passphrases can make a single crypto wallet behave as multiple independent wallets. If you’re hesitant because you feel like you have a daunting number of wallets already, you should also check out the article “Managing Multiple Crypto Wallets with Vault12 Guard.”