Report: Trump’s cryptocurrency initiative to introduce a stablecoin backed by the U.S. dollar

Report: Trump’s cryptocurrency initiative to introduce a stablecoin backed by the U.S. dollar

“ World Liberty Financial, the crypto venture launched by former president Donald Trump, recently unveiled its native token and is now reportedly planning to create its own stablecoin, which can act as a substitute for the U.S. dollar, as reported by Decrypt. Stablecoins, a type of cryptocurrency pegged 1:1 to the value of a fiat-currency … Read more

Nigeria withdraws charges against Binance cryptocurrency leader

Nigeria withdraws charges against Binance cryptocurrency leader

Nigeria’s anti-corruption agency has dropped a money-laundering case against a top cryptocurrency executive to allow him to get medical treatment abroad. Tigran Gambaryan, a US citizen, was arrested on a business trip to Nigeria in February and later charged alongside his company Binance with laundering $35.4m (£28m) – which they denied. The 40-year-old was in … Read more

Cryptocurrency executive Tigran Gambaryan cleared of charges

Cryptocurrency executive Tigran Gambaryan cleared of charges

Nigeria’s anti-corruption agency has dropped a money-laundering case against a top cryptocurrency executive to allow him to receive medical treatment abroad. Tigran Gambaryan, a US citizen, was arrested on a business trip to Nigeria in February and later charged alongside his company Binance with laundering $35.4m (£28m) – which they denied. The 40-year-old was in … Read more

Majority of BlackRock’s bitcoin buyers are cryptocurrency enthusiasts who are new to the world of Wall Street

Majority of BlackRock’s bitcoin buyers are cryptocurrency enthusiasts who are new to the world of Wall Street

BlackRock’s main entrance building in Manhattan features a marquee that is an iconic symbol of the company. A year ago, Samara Cohen, the chief investment officer for BlackRock’s exchange-traded funds and index investments, believed that there was a high demand for bitcoin. This led to the launch of one of the first spot bitcoin exchange-traded … Read more

Kamala Harris Surpasses Biden and Trump in Understanding of Cryptocurrency

Kamala Harris Surpasses Biden and Trump in Understanding of Cryptocurrency

Mark Cuban recently addressed concerns raised by the founder of Dogecoin regarding Vice President Kamala Harris’s understanding of cryptocurrency. Cuban discussed his conversations with Harris’s team about crypto policy and highlighted her evolving stance on digital assets, particularly Bitcoin. He mentioned that he advocated for confiscated crypto assets to be held rather than sold to … Read more

Former President Trump’s cryptocurrency venture enables his family to earn 75% of profits.

Former President Trump’s cryptocurrency venture enables his family to earn 75% of profits.

Donald Trump’s cryptocurrency project, World Liberty Financial, released a 13-page document on Thursday outlining its goals, token allocation, and the potential revenue distribution, which suggested that Trump and his family could receive 75% of the net profits. The document, known as the “World Liberty Gold Paper,” revealed that the Trump family would be granted 22.5 … Read more