The fallout from the $LIBRA cryptocurrency collapse is quickly turning into a full-blown political and legal crisis in Argentina. At the center of it all is President Javier Milei, whose public support for the token earlier this year is now under intense scrutiny. What started as a flashy meme coin promotion has spiraled into asset … Read more
President Donald Trump’s Truth+ video streaming app is considering releasing a utility token. Devin Nunes, the chief executive and chairman of the Trump Media & Technology Group (TMTG), says in a new shareholder letter that the firm is exploring a token and a “Truth digital wallet.” Nunes, a former member of Congress, says the token … Read more
Donald Trump’s official memecoin (TRUMP) is skyrocketing after the President offered to have dinner with its top holders. In a new announcement, the top 220 TRUMP holders are invited to a Gala dinner event with the President on May 22nd at his private national golf club in Washington, D.C. “The Top 220 TRUMP owners will … Read more
Christopher Perkins, president of CoinFund, has issued a disapproval of the Bank for International Settlements’ (BIS) recent paper on crypto. Perkins called its recommendations “completely uninformed and frankly, dangerous.” The BIS report, titled “Cryptocurrencies and decentralized finance: functions and financial stability implications,” acknowledges cryptocurrency’s growing importance with the rise of ETFs, stablecoins, and tokenized assets. … Read more
President Trump-backed World Liberty Financial is announcing plans to launch a new stablecoin on Tuesday that would be aimed at bridging traditional finance with digital assets. According to a press release, the new stablecoin is called USD1, which will be pegged to the US dollar and backed by short-term government treasuries, dollar deposits and cash … Read more
Argentina meme coin news has rocked the crypto market, and now Javier Milei might face impeachment over LIBRA crypto. Will they ever learn? Marketed as a private initiative to support small businesses, LIBRA surged to a $4.5 billion market cap before crashing to $200 million. Milei posted about LIBRA on his official X account, claiming … Read more
President Donald Trump’s new decentralized finance (DeFi) project is partnering with real-world asset (RWA) tokenization protocol Ondo Finance (ONDO) to boost RWA adoption. In a new thread on the social media platform X, the development team behind Ondo Finance says it’s collaborating with World Liberty Financial (WLFI) as a means of bringing traditional finance to … Read more