Trump

Donald Trump Jr. Squashes Rumors of ‘Truth Social’ Memecoin

Donald Trump Jr. has denied viral rumors by crypto influencers that Truth Social — the conservative social media platform tied to former President Donald Trump — is launching a memecoin.Infamous influencer Ran Neuner pushed claims and a viral post on …

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Trump Family Profited $320M on Memecoin Despite 87% Decline Since Day One

U.S. President Donald Trump has come a long way since he said the value of crypto was “based on thin air” in 2019. So much so that he is now one of the sector’s largest proponents, foraying into memecoins, DeFi, NFTs, and even stablecoins. A new …

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Binance Founder CZ Confirms He Has Applied for Trump Pardon After Prison Term

Changpeng “CZ” Zhao, founder and former CEO of Binance, confirmed on a podcast that he has formally applied for a presidential pardon from Donald Trump—less than a year after serving a four-month sentence in a U.S. federal prison. Zhao shared the …

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Senate Democrat Says He’s Looking Into Trump’s Crypto Businesses

The leading Senate Democrat on a panel tasked with investigating corruption and mismanagement is scrutinizing U.S. President Donald Trump’s recent crypto activities and whether they’re part of a “pay-to-play scheme to provide access to the …

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Trump’s Crypto Play Fuels Senators’ Backlash and Bill to Ban President Memecoins

President Donald Trump’s personal involvement in crypto has inspired a vigorous Democratic response in the Senate, including a new bill from Senator Chris Murphy to ban presidents and their families from dabbling in memecoins or issuing other …

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Leading House Dem Will Block Crypto Market Structure Bill Hearing

The leading Democrat on the House Financial Services Committee, Rep. Maxine Waters, will block efforts to hold a joint hearing between her committee and the House Agriculture Committee on Monday’s newly unveiled market structure discussion draft bill …

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Donald Trump Denies Claims of Profiting From TRUMP Token

Donald Trump is pushing back against claims that he’s profiting from the TRUMP memecoin, his official cryptocurrency that launched days before his presidential inauguration. Chainalysis recently reported that the TRUMP token earned $900,000 in fees …

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A Tiny Company Wants to Buy $20M TRUMP Token to Change U.S.-Mexico Trade Deals

Freight Technologies (FRGT), a $4.8 million market cap logistics tech firm focused on cross-border trade between the U.S. and Mexico, has entered an agreement to buy up to $20 million in the Official Trump Token (TRUMP) to build out its crypto …

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State of Crypto: IRS Departures

The IRS, alongside many other regulators, has been pretty active in the crypto world over recent years. On Friday, two directors left. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government …

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World Liberty’s Stablecoin Will Be Used to Close MGX’s $2B Binance Investment: Eric Trump

Eric Trump, son of U.S. President Donald Trump, said that World Liberty Financial’s dollar denominated stablecoin (USD1) has been officially selected as the official stablecoin to close MGX’s $2 billion investment in Binance. Speaking at the …

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