Social media platform Telegram founder Pavel Durov said he “flatly refused” the request of a Western European government to censor conservative political content. In a Telegram post on May 18, Durove wrote: “Telegram will not restrict the freedoms of Romanian users or block their political channels.” The demand for censorship came ahead of today’s scheduled […]
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France is deploying new security measures to protect crypto entrepreneurs after a rash of violent kidnapping attempts raised alarm across the country’s tech sector and ignited political pressure on Interior Minister Bruno Retailleau, AP News reported on May 16. The ministry confirmed that Retailleau met privately with crypto founders to discuss personal safety. According to […]
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Panama City Mayor Mayer Mizrachi stirred speculation about a possible Bitcoin reserve after a cryptic post on his official X account on May 16. In the post, Mizrachi wrote: “Bitcoin reserve.” The cryptic post followed his meeting with Max Keiser and Stacy Herbert, two of the key architects behind El Salvador’s Bitcoin policy. Keiser currently […]
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The US Senate is preparing to vote next week on a revised version of the GENIUS Act, a stablecoin-focused bill that has been updated to address concerns raised by Democratic lawmakers. Last week, the bill stalled after several Democratic lawmakers withdrew support, citing gaps in anti-money laundering provisions, weak oversight for foreign stablecoin issuers, and […]
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A little-known tech company with ties to China is pledging up to $300 million to purchase Bitcoin and the Trump-themed memecoin TRUMP, according to a May 11 filing with the US Securities and Exchange Commission. The move immediately raised alarms over potential conflicts of interest and regulatory gaps, as it could enrich the Trump family. […]
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On May 12, Arizona Governor Katie Hobbs rejected three crypto-friendly bills, Senate Bills 1373, 1024, and 1095. The bills aimed to expand the government’s role in digital asset adoption while opposing central bank digital currencies (CBDCs). At the same time, the governor signed a new law, House Bill 2387, that introduces tighter rules for crypto […]
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Truth Social, the social media platform backed by US President Donald Trump, has no plan to launch a memecoin. On May 13, Donald Trump Jr., the US President’s son, dismissed the claims outright, stating: “There’s no truth whatsoever about Truth Social launching a memecoin. Don’t be fooled by false information people are circulating.” World Liberty […]
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Progressive group Our Revolution is mobilizing lawmakers and grassroots members in a national organizing call to stop what it calls an alleged sweeping “crypto power grab” led by President Donald Trump and his congressional allies. According to the press release shared with CryptoSlate, Senators Elizabeth Warren and Jeff Merkley will headline the virtual event on […]
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American Bitcoin, a majority-owned subsidiary of Hut 8 and associated with the Trump family, is set to become a publicly traded entity through a merger with Gryphon Digital Mining. The stock-for-stock transaction will result in American Bitcoin taking over Gryphon’s public listing. The combined company is expected to trade on Nasdaq under the ticker “ABTC” […]
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Bitcoin opened the week with a strong hourly move, climbing 1.7% to reach $105,705 in early Monday trading. The surge brought the asset to its highest level since January’s all-time high of $109,356, adding fresh momentum following a month of sideways movement. The one-hour candle, printed between 07:00 and 08:00 UTC, carried Bitcoin from approximately […]
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Discussions around the personal enrichment and potential conflict of interest arising from U.S. President Donald Trump’s crypto asset ventures gained steam over the past week. These concerns are slowing not only the progress of the stablecoin legislation but also broader crypto policy. The founder of fintech venture capital fund Launchpad Capital, Ryan Gilbert, told CNBC: “It’s […]
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UFC superstar Conor McGregor has endorsed the idea of an Irish Bitcoin strategic reserve, sparking renewed debate about the country’s financial future and the role of digital assets in its national policy. In a post on X that garnered over half a million views within hours, McGregor wrote: “Crypto in its origin was founded to […]
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Democratic senators have requested that the US Treasury and Justice Department investigate President Donald Trump’s crypto ties to Binance, Bloomberg News reported on May 9. According to the report, the lawmakers made the request in a letter sent to Treasury Secretary Scott Bessent and Attorney General Pam Bondi. Details about oversight actions The letter, which […]
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Bitcoin (BTC) reclaimed the $100,000 mark for the first time in over two months, driven by bullish market sentiment, rising institutional adoption, and renewed macroeconomic confidence after President Donald Trump announced a major trade deal with the UK on May 8. Bitcoin hit an intraday high of $101,493, extending a broader rally that has gained […]
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Representative Ritchie Torres is reportedly preparing to introduce legislation prohibiting federal officials from owning or trading crypto while in office. The measure seeks to close potential conflicts of interest and expand existing financial ethics rules to include digital assets. The proposed bill would apply to a wide range of public servants, including members of Congress, […]
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Senate Democrats introduced legislation that would bar sitting presidents, lawmakers, and their families from issuing, endorsing, or holding cryptocurrency. The End Crypto Corruption Act, announced May 6, seeks to prevent elected officials from personally benefiting from digital assets while shaping policy. Bill targeting Trump’s memecoin issuance drops amid stablecoin legislation worries As Senator Jeff Merkley’s (D-OR) […]
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Bitwise CIO Matt Hougan cautioned that the digital asset market may face a turbulent summer if lawmakers in Washington fail to pass key crypto legislation, despite strong early momentum under President Donald Trump’s administration. In a note to clients, Hougan said crypto’s recent gains remain fragile without legal safeguards from Congress, warning that political gridlock […]
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The UK has confirmed it does not plan to pursue a national Bitcoin reserve, distancing itself from the emerging trend of governments exploring state-backed digital asset holdings. Economic Secretary to the Treasury Emma Reynolds said on May 6 that the UK government has no plans to establish a Strategic Bitcoin Reserve (SBR) while speaking at […]
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Florida has officially stepped back from the growing movement among US states to establish a Strategic Bitcoin Reserve (SBR). According to the Florida Senate’s website, lawmakers have indefinitely postponed and withdrawn two critical pieces of legislation, House Bill 487 and Senate Bill 550, to enable public investment in Bitcoin. Despite bipartisan support, particularly for HB […]
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According to Financial Times analysis, a small cohort of traders secured nearly $100 million in profits from Melania Trump’s MELANIA token within minutes of its market debut. Insider trading allegations Its on-chain analysis suggests that two dozen digital wallets purchased $2.6 million worth of tokens less than three minutes before Trump’s Jan. 19 post on […]
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President Donald Trump confirmed that a private dinner will be held on May 22 at Trump National Golf Club in Washington for the top 220 holders of his memecoin, TRUMP. Trump made the announcement in a social media post on May 5. The event, organized by Fight Fight Fight LLC, a Trump-affiliated entity, will admit holders […]
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Arizona State Senator Wendy Rogers says she will bring back her proposed Strategic Bitcoin Reserve (SBR) bill in the next legislative session. This comes after Governor Katie Hobbs rejected the initial bill, marking the first time a sitting US governor has formally blocked such a crypto initiative. Senator Rogers shared her plans over the weekend, […]
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Bitcoin fell sharply from Friday’s multi-month highs above $97,000 over the weekend, with prices sliding under $95,000 during early Monday trading as broader macro pressures weighed on risk appetite. The pullback followed a robust U.S. jobs report on Friday that lifted Treasury yields, igniting concern that the Federal Reserve may delay interest rate cuts. Non-farm […]
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A group of nine Democratic Senators announced that they will withdraw their support for the landmark U.S. stablecoin legislation unless changes are made to the bill. In a joint statement issued on May 3, the Senators noted that there are several issues with the current version of the stablecoin bill known as the Guiding and […]
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Secretary of Commerce Howard Lutnick said the US is embracing Bitcoin (BTC) businesses, signaling a sharp policy shift from the Biden administration’s more adversarial stance. In a recent interview with Bitcoin Magazine at the White House, Lutnick laid out a vision that includes regulatory clarity, energy autonomy for miners, and official recognition of Bitcoin in […]
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Democratic U.S. senator for Georgia Jon Ossoff said President Donald Trump’s invitation to top meme coin holders constitutes an “impeachable offense.” Answering a question from a town hall meeting attendee on Friday, Ossoff said: “He is granting audiences to people who purchase the memecoin that directly enriches him.” Ossoff was referring to the gala dinner […]
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Senator Cynthia Lummis said the Federal Reserve’s recent decision to withdraw certain crypto-related supervisory directives is “just noise, not real progress,” criticizing the move as superficial in a statement shared on April 25 on X. Lummis dismissed the withdrawals as insufficient. She accused the Fed of “assassinating companies within the industry” by previously restricting access […]
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Kuwait’s Ministry of Interior has outlawed Bitcoin mining, citing excessive power consumption and violations of national regulations. In an April 22 statement, the government warned that crypto mining operations in the country are unauthorized and breach multiple existing laws. The authorities pointed out that crypto mining violates Kuwait’s penal code, communication and IT regulations, industrial […]
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The US Securities and Exchange Commission (SEC) has filed fresh charges against a crypto scam operator, even as it closed one of its most controversial cases. This marks the SEC’s first major enforcement update under the newly appointed SEC Chair Paul Atkins. The juxtaposition of cases, aggressive prosecution in one and total dismissal in another, […]
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The European Central Bank has raised alarm over President Donald Trump’s pro-crypto agenda, warning that a wave of dollar-backed stablecoins could threaten financial stability across the eurozone and overwhelm the EU’s new crypto regulatory framework. In a confidential policy paper obtained by Politico, the ECB urged the European Commission to revisit the Markets in Crypto […]
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