President Trump has nominated Michael Selig, the CFTC’s crypto job pressure chief counsel, because the company’s new chair, signalling continued pro-crypto coverage momentum. The appointment follows the withdrawal of Trump’s earlier choose, Brian Quintenz, after objections linked to Gemini co-founder Tyler Winklevoss. If confirmed, Selig will oversee the CFTC’s risingContinue Reading
Trump’s pardon of Binance founder Changpeng Zhao ends a year-long authorized saga and indicators a friendlier stance on crypto regulation. The choice follows in depth lobbying and comes amid rising hyperlinks between Binance and the Trump household’s crypto enterprise. Lawmakers from each events have criticised the transfer, warning it dangersContinue Reading
California Governor Gavin Newsom announced plans to launch a “Trump Corruption Coin” memecoin as part of his Campaign for Democracy. The coin launch aims to highlight what Newsom calls the “absurdity” of Trump’s controversial cryptocurrency dealings and potential conflicts of interest. Trump transformed from crypto skeptic to supporter during hisContinue Reading
Eric Trump says the Trump family’s interest in crypto began when major banks closed hundreds of their accounts after the January 6 Capitol attack, which he saw as a political “weaponization” of the financial system. The Trump family has since integrated crypto into their business empire, launching a memecoin, aContinue Reading
