A publicly traded tech firm, ALT5 Sigma, plans to sell $1.5 billion of shares to fund the purchase of a cryptocurrency created by World Liberty Financial, which the Trumps control.
Category: Virtual Currency
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Flattery, Lobbyists and a Business Deal: Crypto’s Richest Man Campaigns for a Pardon
A sophisticated operation is pushing President Trump to forgive Changpeng Zhao, which would boost the chances for his company, Binance, to break into the U.S. market.
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Trump 401(k) Order Opens Door for Crypto, Private Equity and Real Estate
The executive order is intended to give investors more options, but experts say employers will tread carefully before adding alternative assets.
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White House Urges ‘Pro-Innovation Mindset’ to Crypto In New Report
In a 168-page report, the White House called on banking regulators, tax officials and U.S. lawmakers to implement policies that would advance the crypto industry’s agenda.
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Denver Pastor and Wife Face Charges in ‘God-Inspired’ Cryptocurrency Scheme
The pastor, Eligio Regalado, and his wife, Kaitlyn Regalado, spent more than $1 million of investor funds on home renovations, plane tickets and au pair services, prosecutors said.
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Federal Prosecutors Close Inquiry Into Co-Founder of Kraken Crypto Exchange
The F.B.I. had raided the home of Jesse Powell in 2023 as part of an investigation into claims that he hacked into the online accounts of a nonprofit.
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Crypto’s $4 Trillion Moment
A legislative win in Congress, and the promise of more to come, has helped lift the prospects and the wealth of the cryptocurrency industry.
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Crypto Industry Reaches Milestone With Passage of Genius Act
After a week of squabbling in Washington, the cryptocurrency industry secured one of its primary legislative objectives and made progress toward a second one.
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Here’s How Congress Is Wading Into Crypto Regulation
The House this week took up a trio of bills that would establish a federal framework for regulating the cryptocurrency industry. One of the measures is about to clear Congress and become law.
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‘Crypto Week’ Is Back on Track After House G.O.P. Quells Conservative Revolt
The House is set to vote on a series of high-stakes bills backed by the cryptocurrency industry, after top Republicans brokered a deal with a group of dissenters in their ranks.
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Congress Was Supposed to Vote on 3 Crypto Bills This Week
The crypto industry was headed for a landmark moment in the House with three bills that it helped push going to a vote. But a coalition of ultraconservative House Republicans staged a mutiny.
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Federal Prosecutors Close Inquiry Into Polymarket Betting Website
The site became prominent last year when people bet on the outcome of the 2024 presidential election.