This weekend, former President Donald Trump jumped into the world of cryptocurrency by releasing his own token, $Trump. The launch, which happened on his social media platform Truth Social, was a surprising move that instantly made Trump billions on paper. The coin's design is based on a moment from
Growing up in the Arctic Circle, you wouldn't expect to end up revolutionizing real estate with cryptocurrency in Hawaii. Yet, that's exactly what happened. The journey started with a fascination for technology in a cold, remote town. From there, it evolved into a drive to challenge old systems and
President Trump has signed a new executive order that sets up a special group to look into digital assets like Bitcoin. This team will have just a month to figure out what rules are already in place for these assets. Then, they'll need to make recommendations to the president within six months. What
You might have heard about people and companies losing their bank accounts suddenly. This isn't just happening to regular folks, but also to big names in the tech and crypto world. Recently, the U. S. Oversight Committee, led by Representative James Comer, started looking into these cases. They're t
For a long time, Wall Street banks stayed away from owning cryptocurrencies like Bitcoin. This was mainly due to a rule from the U. S. Securities and Exchange Commission (SEC). This rule, called "Staff Accounting Bulletin 121" or SAB 121, forced banks to treat digital assets as a liability on their
President Donald Trump has signed a new executive order aimed at boosting the use of cryptocurrencies in the United States. This order also considers creating a national digital asset stockpile, marking a shift from Trump's earlier stance as a critic of crypto assets like Bitcoin. The order comes af
Ivanka Trump has spoken out against a fraudulent cryptocurrency using her name, "IVANKA. " She clarified her stance on social media, emphasizing that she has no involvement with this coin. This scam coin, she explained, poses a risk to consumers and could lead to financial loss. She found the use of
Just days into Donald Trump's second term, Wall Street's attitude towards crypto has done a 180. Morgan Stanley's CEO, Ted Pick, revealed at the World Economic Forum in Davos that the bank is keen to explore crypto transactions if regulations allow. Trump, once a crypto skeptic, has now embraced dig
President Trump just shook up the crypto world by forming a new working group. Led by ex-PayPal exec David Sacks, this team will review regulations for digital assets like cryptocurrencies and stablecoins. They'll also look into creating a national crypto stockpile. This comes right after the SEC la
You might remember that decades ago, some politicians took cash bribes. Then, things changed with a Supreme Court decision called Citizens United. This decision said that giving money to campaigns was okay, so long as it was done through certain funds. Donald Trump has been making money in various
