Tag: President Donald Trump
Crypto markets brace for impending Fed and BoE decisions
Crypto markets and global payment companies are likely bracing for key monetary policy decisions this week from the Bank of England (BoE) and the...
Lutnicks strike $3bn capital to fund powerplay crypto fund
The Lutnick Family are deemed as the power brokers of crypto and its forthcoming regulatory evolution under the administration of US President Donald Trump.At...
Reports surface of FDIC drastically cutting US workforce
The Federal Deposit Insurance Corporation (FDIC) has reportedly told staff it plans to cut its workforce by around 20%.Reuters reported that it saw the...
President Trump appointee axes crypto enforcement team
The US Department of Justice (DOJ) has dissolved its National Cryptocurrency Enforcement Team (NCET) as it continues to strip back federal oversight on the...
Payment opportunities breaking through Trump’s tariff storm
As US President Donald Trump continues to impose tariffs worldwide, it is a stark reminder of the impact protectionist policies can have on the...
Klarna hits pause on IPO as Trump’s tariffs create chaos
Buy now, pay later (BNPL) provider Klarna has placed its US initial public offering (IPO) on hold due to market reactions following President Donald...
Controversial US stablecoin legislation takes “crucial first step”
The US has made significant strides toward becoming the world’s "crypto capital" as the stablecoin bill, the GENIUS Act, advances toward a full Senate...
Trump eyes US crypto capital status via Bitcoin reserve
US President Donald Trump has announced that work has started on creating a crypto reserve and detailed the tokens to be used.Bitcoin, Ethereum, XRP,...
SEC finds ‘meme coins are like collectables’ in new guidance
The Securities and Exchange Commission (SEC) has clarified that the majority of meme coins are not classified as securities.This announcement has sparked discussions among...
Legal action taken against Argentine President Milei over $LIBRA coin
Argentine lawyers have accused President Javier Milei of fraud after investors suffered losses following his promotion of the meme coin $LIBRA.According to The Associated...