The back-and-forth over a potential Trump cryptocurrency wallet on Tuesday exposed rifts among the family’s web of digital currency ventures.
Category: Virtual Currency
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S.E.C. Drops Lawsuit Against Binance, a Crypto Exchange
The dismissal of charges against Binance and its founder, Changpeng Zhao, is the Trump administration’s latest pullback in cryptocurrency enforcement.
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French Crypto Chiefs Step Up Security After Violent Kidnappings
Big players in the crypto sector argue that new European cryptocurrency rules may be enabling recent abductions and are demanding changes and more security.
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Who won a seat at Trump’s crypto Dinner?
The New York Times reviewed a guest list and social media posts to identify who was invited to President Trump’s private event for customers of his cryptocurrency business on Thursday and a White House tour on Friday. Here are some of them.
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Winners of an ‘Exclusive Invitation’ to Dine With Trump Will Gather Tonight
The sale of access to the president to investors in his memecoin has been assailed by Democrats and even some Republicans as unethical.
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Gulf Deal-Making Spree Also Benefited Elon Musk and His Family
The world’s richest man inked new deals as he tagged along on Trump’s tour of the Gulf.
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Senate Advances Crypto Regulation Bill With Bipartisan Support
Democrats who had sided with the rest of their party last week to block the measure over concerns that President Trump could benefit dropped their objections. They argued that regulating the industry was urgent.
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S.E.C. Investigating Whether Coinbase Misstated Its User Numbers
The inquiry continued even after the commission dropped a lawsuit accusing Coinbase of illegally marketing digital currencies to the public.
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Tiny Company With China Ties Announces Big Purchase of Trump Cryptocurrency
The firm, which produces content for TikTok, recorded no revenue last year, but it announced this week that a mysterious stock sale would allow it to invest heavily in the $TRUMP memecoin.
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Crypto Bill Stalls in the Senate as Democrats Balk
Democratic supporters of the measure to regulate parts of the industry refused to allow it to move forward amid concerns in their party that President Trump and his family are profiting from cryptocurrency.
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Trump Crypto Deals Provoke Senate Backlash and Calls for Investigation
Some Democrats who had supported legislation for so-called stablecoins are now demanding tougher language to prevent fraud and money laundering.