Quick Breakdown: American Bitcoin, backed by ., to debut on Nasdaq under ticker ABTC in September after merger with Gryphon Digital Mining. Company secures institutional investors; Trump brothers and Hut 8 will control 98% of the entity. Expansion plans include potential acquisitions in Hong Kong and Japan to widen access ...
The U.S. Commodity Futures Trading Commission (CFTC) has rolled out its second “crypto sprint,” this time inviting public feedback from market participants on how the agency should approach regulating spot cryptocurrency trading. Acting Chair Caroline D. Pham announced the initiative on Thursday, stressing that the regulator wants stakeholder input to ...
World Liberty Financial, the decentralized finance venture backed by the Trump family, has minted more than $200 million worth of its USD1 stablecoin just hours after a top U.S. central banker publicly endorsed the potential of stablecoins. The platform disclosed on X Thursday that it added $205 million USD1 to ...
Canary Capital has taken the first formal step toward launching what could become the United States’ inaugural exchange-traded fund (ETF) tied to the official Trump memecoin. On Wednesday, a statutory trust for the Canary Trump Coin ETF appeared on the Delaware State Department’s registry, establishing the legal framework commonly used ...
The Trump administration is expected to release a much-anticipated report today that will outline its approach to digital assets. This marks a significant step in shaping future crypto regulation in the U.S. The report comes from a cryptocurrency working group President Trump established shortly after taking office. Led by Bo ...
Senator Elizabeth Warren has called for urgent action to dismantle what she describes as a “superhighway of crypto corruption” linked to former President Donald Trump. Warren warns that this network exploits regulatory gaps to facilitate illicit activities in the cryptocurrency space, threatening market integrity and investor protection. If Congress is ...
Tron founder Justin Sun is doubling down on his support for Donald Trump-themed crypto tokens, announcing plans to purchase an additional $100 million worth of the Official Trump (TRUMP) memecoin through his affiliated ventures. The announcement came on Wednesday, July 9, as the TRUMP token continued to trade near yearly ...
The US Securities and Exchange Commission (SEC) has officially acknowledged Trump Media’s application to launch an exchange-traded fund (ETF) offering exposure to both Bitcoin and Ether, initiating the agency’s review process for approval or rejection. According to the filing, the proposed ETF would allocate 75% of its assets to Bitcoin ...
The US Senate is locked in an all-night marathon as lawmakers debate President Donald Trump’s sweeping tax and spending package, with discussions stretching beyond 17 hours and expected to continue into early Tuesday morning in Washington, D.C. Dubbed the “One Big Beautiful Bill Act,” the legislation has sparked a frenzy ...
World Liberty Financial (WLF), the Trump-linked company behind the fast-rising USD1 stablecoin, is preparing to release its first audit report and launch a mobile application targeting retail crypto users. The updates were revealed by WLF co-founder Zak Folkman during an interview at the Permissionless conference in Brooklyn, according to Reuters. ...
