Tag: Trump

President Donald Trump has signed a bipartisan bill to combat the misuse of deepfake technology and online exploitation. The legislation, known as the DEEPFAKES Accountability Act, targets the malicious creation and distribution of synthetic media that can deceive or harm individuals, especially in contexts of harassment, fraud, and misinformation. The ...

The U.S. Senate has taken a significant step toward stablecoin regulation, advancing the long-debated Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act following a pivotal 66–32 vote on May 19. The procedural victory marks a dramatic turnaround after previous Democratic opposition halted progress amid concerns over former President ...

The United States Senate is poised to pass a landmark bipartisan stablecoin bill, the GENIUS Act, as early as next week, following a key revision that removed controversial language targeting former President Donald Trump’s crypto ventures. Senator Cynthia Lummis, a Republican from Wyoming, announced during a Coinbase-hosted event on May ...

U.S. House Democrats have intensified scrutiny of Donald Trump’s crypto dealings, demanding the Treasury Department release suspicious activity reports (SARs) linked to his digital ventures, including the Trump-themed cryptocurrency and World Liberty Financial (WLF). In a letter dated May 14 and addressed to Treasury Secretary Scott Bessent, Representatives Gerald Connolly, ...

Truth Social, the social media platform owned by Trump Media & Technology Group, has denied circulating rumours suggesting it is launching a memecoin. In an official post, the platform dismissed the speculation as false, reiterating that it had no involvement in any crypto token launch. "Contrary to rumors, Truth Social ...

Bitcoin surged to $98,933 on May 8, gaining 2.6% in just 24 hours, as investor sentiment improved following President Donald Trump’s announcement of an impending trade deal. This rally came shortly after Trump posted on Truth Social, revealing plans to hold a press conference in the Oval Office the following ...

In a bold step toward enhancing its infrastructure and community engagement, World Liberty Financial (WLFI), a crypto platform linked to the Trump family, has revealed plans to airdrop its newly launched USD1 stablecoin to early WLFI token holders. The initiative, currently enjoying overwhelming support on WLFI’s governance forum, aims to ...

U.S. Democratic lawmakers have mounted a coordinated legislative and investigative effort targeting President Donald Trump’s crypto-related activities, raising concerns over potential profiteering and conflicts of interest tied to his political influence. On May 6, Senator Chris Murphy introduced the Modern Emoluments and Malfeasance Enforcement (MEME) Act, a bill designed to ...

The U.S. Attorney's Office for the Eastern District of New York (EDNY) has appointed Joseph Nocella as interim U.S. Attorney, according to a May 5 notice, following the departure of Acting Attorney John Durham. Nocella, selected by President Donald Trump, will serve for 120 days or until a Senate-confirmed successor ...

In a recent interview with NBC News’s Kristen Welker on Meet the Press, U.S. President Donald Trump gave conflicting answers when asked whether he had profited from the crypto memecoin he launched in January, just days before re-entering the White House. When asked about critics who claimed he was profiting ...