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Trump Media Plans B Raise to Buy Bitcoin and Crypto Assets as Ethics Firestorm Looms

Trump Media Plans $3B Raise to Buy Bitcoin and Crypto Assets as Ethics Firestorm Looms

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Key Takeaways: The capital raise would substantially expand Trump-affiliated crypto holdings beyond previously disclosed ventures. Legal experts are assessing how existing ethics and disclosure statutes apply to assets held in revocable trusts controlled by relatives of sitting presidents. Financial market analysts say the scale of the raise could affect liquidity in major digital assets if […]

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WLD Soars 31% as Sam Altman’s World Network Lands 5M in Fresh Funding

WLD Soars 31% as Sam Altman’s World Network Lands $135M in Fresh Funding

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Worldcoin (WLD), the biometric identity token backed by OpenAI CEO Sam Altman, surged by more than 31%, from a daily low of $1.24 to a high of $1.63 after the World Network announced a $135 million investment by top-tier VC firms Andreessen Horowitz (a16z) and Bain Capital Crypto. It marks a pivotal moment for the

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Tom Emmer Reintroduces Regulatory Clarity For Crypto Tech Bill

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On May 21, Congressman Tom Emmer reintroduced the Blockchain Regulatory Certainty Act (BRCA), a bipartisan bill co-led with Congressman Ritchie Torres. The bill’s core principle stipulates that if crypto developers and service providers do not hold custody of consumer funds, they shouldn’t be classified as money transmitters under current regulations. The clarification aims to provide

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Michigan Lawmakers Introduce Four New Bills Targeting Crypto Regulation

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Key Takeaways: Michigan introduced four new bills aimed at defining crypto policy and limiting federal control over digital assets. One bill would allow public pension funds to invest in Bitcoin through regulated exchange-traded products. Another bill proposes a state-level ban on supporting or promoting a U.S. central bank digital currency. Michigan lawmakers introduced four new

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Coinbase Faces Lawsuit Over Unauthorized Biometric Data Collection

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Coinbase is facing a class-action lawsuit filed by a group of Illinois residents who allege the crypto exchange illegally collected and shared their biometric data as part of its identity verification process. The suit, brought to federal court on May 13, claims the company violated Illinois’ Biometric Information Privacy Act (BIPA) by capturing users’ facial

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Trump Crypto Ventures Face Investigation Over Fraud, Bribery, and Conflicts Of Interest

Leave a Comment / AA News, Crypto News, Donald Trump, Regulations, United States, World Liberty Financial / best time

Top House Democrats have launched an inquiry into President Donald Trump’s crypto ventures, citing concerns over potentially illegal fundraising, foreign influence, and abuse of political power. In line with this, they have requested all suspicious activity reports (SARs) connected to Trump’s fundraising efforts. The Allegations In a letter to Treasury Secretary Scott Bessent, Democrats Gerald

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American Bitcoin to Go Public Through Merger with Gryphon Digital

Leave a Comment / AA News, Bitcoin, Bitcoin mining, Crypto News, Donald Trump, United States / best time

Trump-affiliated Bitcoin mining company, American Bitcoin, plans to go public through a merger with Gryphon Digital Mining, Inc. The deal, structured as a stock-for-stock transaction, will see Gryphon acquire the company and operate under the American Bitcoin brand once closed. Merger Details According to a May 12 press release, the newly combined entity will be

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Missouri Moves to Axe Capital Gains on Crypto & Stocks – Budget Battle Looms

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Key Takeaways: Missouri is set to become the first U.S. state to completely exempt capital gains from income tax, pending the governor’s signature. The measure applies to profits from assets such as stocks, real estate, and cryptocurrency, retroactive to 2025. The bill includes expanded exemptions for seniors, disabled residents, and select consumer goods to gain

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New Jersey Governor Candidates Turn to Crypto – Could a Token Strategy Sway June Voters?

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Several Democratic candidates in New Jersey’s crowded race for governor are leaning into crypto as a policy issue, reflecting a shift in how digital assets are discussed on the campaign trail. According to a Bloomberg report published on May 7, at least three of the six Democratic hopefuls—including Mikie Sherrill, Steve Fulop, and Josh Gottheimer—have

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