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Trump family crypto venture tapped as part of $2B Emirati-backed investment deal

(WASHINGTON) -- An Abu Dhabi state-backed investment firm is making a major $2 billion investment in a crypto business deal that could serve as a major boost for Trump family crypto venture World Liberty Financial, according to Zach Witkoff, co-founder of World Liberty Financial.USD1, ...
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Trump admin tells prosecutors to ease up on crypto enforcement

(WASHINGTON) -- The Trump administration is pulling back its enforcement of crypto regulations, disbanding a unit dedicated to cryptocurrency enforcementThe Justice Department instructed federal prosecutors to "no longer target virtual currency exchanges, mixing and tumbling services, and offline wallets for the acts of their ...
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White House crypto czar says public has lost out on over $17 billion in bitcoin value

(WASHINGTON) -- David Sacks, the White House crypto czar, said Friday that taxpayers have lost out on "over $17 billion of value" because earlier administrations never took advantage of bitcoin already in the U.S. government's possession."Over the past decade or so, the federal government has ...
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US seizes Russian crypto exchange websites, charges head of site with money laundering

(WASHINGTON) -- The United States Secret Service said it has seized a Russian cryptocurrency exchange website, according to court documents unsealed on Friday.The Justice Department also charged the two administrators of that website with a multimillion-dollar money laundering scheme, court documents said.Between 2019 and ...
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House Democrats take aim at $TRUMP crypto meme coin

(WASHINGTON) -- While President Donald Trump’s proudest supporters on Capitol Hill shower him with legislation proposing putting his portrait on a $250 bill, declaring his birthday a national holiday or adding his likeness to Mount Rushmore -- a new effort across the aisle isn’t ...
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Trump crypto meme coin is a deep concern, Dem lawmakers tell regulators

(WASHINGTON) -- In a new letter, Democratic lawmakers are asking federal regulators to look into legal and ethical questions around the meme cryptocurrency coins launched by President Donald Trump and the first lady.The letter formally raises concerns about the risk of foreign countries trying ...
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Donald and Melania Trump crypto tokens plummet

(NEW YORK) -- Cryptocurrencies affiliated with President Donald Trump and first lady Melania Trump plummeted in the initial hours after Trump was sworn into office Monday."Official Trump," a recently launched crypto token, plunged more than 20% in value over a 24-hour stretch ending Tuesday ...