Mixing the Political and the Personal: Trump’s Swap Scheme and Crypto Reserve
The conflicts of interest can’t be ignored. Source link
Tag
Crypto
How Donald Trump’s Crypto Dealings Push the Bounds of Corruption
Imagine that someone in a position of great political power created a hundred billion raffle tickets and made them available for public purchase. If you buy the tickets, eventually you…
Crypto Bill Stalls in the Senate as Democrats Balk
A first-of-its-kind bill to regulate parts of the cryptocurrency industry stalled in the Senate on Thursday, after Democrats blocked it amid concerns in their party about how President…
Trump Crypto Deals Provoke Senate Backlash and Calls for Investigation
Senate Democrats are demanding changes to cryptocurrency legislation pending in Congress, responding partly to growing evidence that the Trump family is using its connections and President…
As Trump’s Family Crypto Business Gains Steam, Ethical Concerns Mount
As the leaders of World Liberty Financial, a crypto company part-owned by US president Donald Trump and his family, fan out across the globe to try to win new business, critics have raised…
Trump’s Quest for Crypto Riches Is a Constitutional Scandal Waiting to Happen
“Whether it’s a utility token or a memecoin, it’s not regulated by the SEC,” says Lisa Bragança, attorney at Bragança Law and former branch chief at the SEC. Therefore, to avoid the…
UK sets out new rules for crypto as it aligns with US on approach
Britain will bring cryptocurrencies under compulsory regulation, finance minister Rachel Reeves said on Tuesday as the government signalled it would cooperate closely with the United…
Secret Deals, Foreign Investments, Presidential Policy Changes: The Rise of Trump’s Crypto Firm
The pitch from “ZMoney” arrived on the encrypted messaging app Signal just days before Donald J. Trump’s presidential inauguration. “ZMoney” was Zachary Folkman, an entrepreneur who once…
With Trump In Power, Foreign Crypto Companies Make Inroads in US
Last month, Paolo Ardoino, the chief executive of the cryptocurrency company Tether, joined business executives and U.S. lawmakers for a private lunch at the Willard, a luxury hotel near…
Bitcoin Rebounds to $83K After Sharp Fall, Global Crypto Market Shows Mixed Trends in March 2025
Only two months ago, on January 20th, 2025, with President Trump's inauguration, Bitcoin reached its all-time high price of $109,350. The rally was driven by a positive market mood and…
US bank regulators pull back guardrails on bank crypto activities
banking regulators announced on Thursday (Apr 24) that they were pulling back several documents that urge banks to show caution when dabbling in cryptocurrency and related…
Binance billionaire Zhao guides regulators to relax crypto rules
Crypto’s richest man, Changpeng Zhao, was in a playful mood as he addressed a packed house at the Ritz-Carlton in Kuala Lumpur, just seven months after his release from a low-security…
Contributor: Why the Trump administration is easing up on crypto crime at exactly the wrong moment
The Securities and Exchange Commission is scaling back its cryptocurrency enforcement unit. Why does this matter? Because crime pervades the crypto industry. Just last month, a hacker…
The SEC Is Abandoning Its Biggest Crypto Lawsuits
In July, on the campaign trail, Trump promised a crowd of bitcoiners that he would fire previous SEC chair Gary Gensler if reelected. “I didn’t know he was that unpopular,” said Trump,…
Bitcoin down 25% from all-time high as crypto sell-off deepens
The sell-off underscores a swift change of fortunes for digital assets, which boomed after Trump’s election win THE rout in Bitcoin worsened during Asian trading hours on Friday (Feb 28),…
After a Violent Kidnapping, Crypto Elites Hire Bodyguards
In the early morning of January 21, David Balland and his wife were forced at gunpoint into separate vehicles outside their home in Méreau, a commune in the opulent Loire Valley, France.…
US securities regulator closes investigation into Robinhood’s crypto arm with no action
ROBINHOOD said the US securities regulator had closed its probe into the retail trading firm’s crypto arm with no action, as it seeks to revamp policing of digital assets since President…
Citadel Securities plots Jump into crypto trading after Trump’s embrace
KEN Griffin’s market-making giant Citadel Securities is looking to become a liquidity provider for cryptocurrencies, betting US President Donald Trump’s embrace of the industry will usher…
Hong Kong and Singapore lead Asia’s drive to cash in on crypto boom
Hong Kong and Singapore are the front-runners in a push by Asian governments to become cryptocurrency hubs as they look to capitalise on the global resurgence of the sector thanks to the…
Bybit Hit by Record $1.5 Billion Crypto Heist: North Korean Hackers Suspected in Largest Digital Asset Theft Ever
Bybit, one of the world's largest cryptocurrency exchanges, has been hacked, with analysts estimating losses of nearly $1.5 billion. Experts believe North Korean hackers were behind the…
Robinhood expects to launch crypto products in Singapore in 2025
ROBINHOOD Markets plans to launch Singapore crypto offerings in 2025 through an entity of European digital-assets exchange Bitstamp, which it recently acquired. The company intends to roll…
Robinhood revenue doubles, fuelled by surge in crypto trading
ROBINHOOD Markets reported revenue that more than doubled as the online-trading firm was buoyed by crypto-market transactions around the US presidential election. Revenue grew to US$1.01…
Trump’s crypto company launches strategic ‘token reserve’
WORLD Liberty Financial (WLF), the new crypto platform in which US President Donald Trump holds a financial stake, announced that it was unveiling a strategic token reserve designed to…
The American woman who went viral in Pakistan has a crypto coin
The “American woman in Pakistan” now has a crypto coin. If you don’t know who that is, American Onijah Andrew Robinson recently went viral after claiming she flew to Pakistan to marry a…