According to reports citing Senate Majority Leader John Thune, the U.S. Senate is preparing to take up stablecoin legislation before the Memorial Day recess on May 26. In an April 29 politico report during a closed-door session with Republican senators, Thune reportedly confirmed that the chamber would prioritize discussions on ...
The DeFi Education Fund has called on former President Donald Trump to intervene in what it decries as a “lawless campaign” by the Department of Justice (DOJ) against open-source software developers, singling out the prosecution of Roman Storm, co-founder of the crypto privacy tool Tornado Cash. In a letter addressed ...
Bitcoin rebounded sharply last week, buoyed by optimistic trade comments from U.S. President Donald Trump. According to the latest crypto derivatives report from Bybit and Block Scholes, the upbeat tone on China-U.S. trade negotiations triggered a rally across both crypto and traditional equity markets. Following these remarks, Bitcoin surged over ...
United States President Donald Trump has indicated that federal income taxes could be "substantially reduced" — or even eliminated — as the country’s sweeping new tariff policies take full effect. In a recent post shared on Truth Social, Trump said the proposed tax cuts would primarily benefit individuals earning less ...
The likelihood of Jerome Powell being removed as Federal Reserve Chair before his term ends in 2026 has dropped sharply, following a reassuring statement from U.S. President Donald Trump. According to decentralized prediction platform Polymarket, odds of Powell’s early exit have declined to 14%, down nine percentage points within 24 ...
Trump Media & Technology Group, the parent company of Truth Social, is stepping further into the world of digital finance with a bold new initiative in partnership with crypto exchange Crypto.com and asset manager Yorkville America Digital. According to a statement by Trump Media on April 22, the three entities ...
According to Bloomberg, President Donald Trump addressed speculation about his intentions regarding Federal Reserve Chair Jerome Powell. Despite expressing frustration over the Fed’s cautious approach to cutting interest rates, Trump firmly stated he has no plans to remove Powell from his position. Speaking to reporters, Trump said, “Never did. The ...
Denis Beau, the first deputy governor of the Banque de France, has warned that the recent executive order from the Trump administration promoting dollar-backed stablecoins could significantly adversely affect Europe’s financial independence. He stressed the urgent need for Europe to accelerate the development of a digital euro to protect its ...
The European Central Bank and the European Commission are in a standoff over the resilience of the EU’s new cryptocurrency regulations, questioning whether they can hold up against financial volatility that could arise if Donald Trump returns to the U.S. presidency. According to a policy paper obtained by POLITICO, the ...
U.S. spot Bitcoin ETFs experienced a notable surge in investor demand on April 21, registering their largest single-day inflows in three months. This rally was fueled by a broader shift toward riskier assets following former President Donald Trump's public criticism of Federal Reserve Chair Jerome Powell. According to data from ...
