Trump-Backed Crypto Bill Faces Growing Doubts in Congress
A procedural Senate vote is scheduled for September 15 after lawmakers return from recess.
A procedural Senate vote is scheduled for September 15 after lawmakers return from recess.
The rally follows a more than 20% three-day surge, the strongest such advance since 2023
Crypto-related stocks also advanced, with Coinbase, Circle and Strategy posting strong gains, while a Bitcoin-focused ETF rose in premarket trading.
Trump also signaled possible regulatory attention toward Hyperliquid, a decentralized trading platform
Edward Zimbardi, 59, faces federal wire fraud, money laundering and conspiracy charges in Georgia
WorldClaw offers access to about 90 AI models, nearly half of which were developed by Chinese firms including Alibaba, Baidu and Z.ai.
The SEC should determine whether the cryptocurrency amounted to an illegal scam or a "soft rug pull," where insiders gradually profit while retail investors absorb heavy losses.
According to the report, banking groups oppose the measure, warning it could divert deposits away from traditional financial institutions.
The approval allows Circle National Trust to directly manage the reserves backing its USDC stablecoin, which has more than $73 billion in circulation.
This techno-optimistic prophecy assumes that because the state cannot break the underlying mathematics of cryptography, it is effectively disarmed
Trump received $635 million in royalties from "Celebration Coins," while his golf resorts and private clubs generated more than $290 million in revenue
The filing lists approximately $635 million in earnings tied to the TRUMP meme coin, along with about $515 million from token sales associated with World Liberty Financial, a cryptocurrency company linked to members of his family.
Critics have called for regulatory scrutiny, though there is no evidence presented that the Trump family or others improperly benefited
OFAC blacklists Tehran-linked digital-asset exchanges as the "Economic Fury" campaign widens to fintech.
Crypto-linked stocks also came under pressure, with Coinbase, Circle and Strategy posting steep losses.