Trump Administration Said to Mull Putting Digital Payments Giant Ant Group on...
The move comes as Ant, a global leader in digital payments, is readying to go public in what could be an offering worth up to a record $35 billion.
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Coinbase CEO Brian Armstrong publicly voiced concern that the outgoing Trump Administration may ram through onerous new data-collection requirements for crypto exchanges.
Former U.S. President Donald Trump is still not a fan of Bitcoin, calling it a scam while stating that the dollar should remain the “currency of the world.” Former United States President Donald Trump has once again slammed Bitcoin (BTC).Appearing on FOX Business on Monday, the former president remarked:“Bitcoin, it just seems like a scam […] I don’t like it because it is another currency competing against the dollar. Essentially, it is a currency competing against the dollar. I want the dollar to be the currency of the world, that’s what I’ve always said.”TRUMP: Bitcoin, it just seems....
Trump Media and Technology Group, the parent company behind Truth Social, has now completed a $105 million purchase agreement with popular digital exchange Crypto.com. This development follows the previous announcement of the Trump Media Group CRO Strategy Inc. to build a $6.42 billion CRO treasury. Related Reading: Bitcoin Buying Frenzy Ahead As Eric Trump Predicts […]
Trump Media & Technology Group (TMTG) posted a net loss of about $54.8 million for the quarter, and that shortfall was driven in part by write-downs tied to its digital-asset holdings. According to company disclosures, the firm holds a sizable bitcoin stash that has swung in value and helped turn trading swings into headline losses. Related Reading: Trump’s Bitcoin Bet Grows: American Bitcoin Now Holds Over 4,000 BTC Bitcoin Strategy And The Loss Reports have disclosed that TMTG’s bitcoin holdings were listed at more than 11,500 BTC in one filing, putting the holding value above $1.3....
Democratic lawmakers from the US House of Representatives have accused President Donald Trump and his administration of using the White House to enrich the presidential family through their crypto businesses, calling on Congress to fight corruption. Related Reading: Terra Founder Do Kwon Requests Five-Year Prison Term Ahead Of December 11 Sentencing House Democrats Call Out […]