Trump’s USD1 stablecoin deepens concerns over conflicts of interest
Observers have said that Trump’s stablecoin project could run afoul of the Constitution’s emoluments clause.
Observers have said that Trump’s stablecoin project could run afoul of the Constitution’s emoluments clause.
South Korean regulators expect the move to prevent money laundering and potential damages to local users.
The move follows the US Office of the Comptroller of the Currency ceasing examinations for reputational risk.
Ripple chief legal officer Stuart Alderoty said the firm had agreed to drop its cross-appeal with the SEC and will be refunded roughly $75 million from an August 2024 judgment.
Paul Atkins, US President Donald Trump's pick to chair the Securities and Exchange Commission, is scheduled to appear before the Senate Banking Committee on March 27.
World, formerly known as Worldcoin, is a digital ID project that uses iris scans to create a digital identity.
Arizona will soon vote on two proposed bills to establish digital asset reserves seized through criminal proceedings and a specific Bitcoin reserve based on public funds from the state’s treasury and retirement system.
The US Treasury says because it dropped Tornado Cash from its sanctions list on March 21, the legal challenge against it should be considered moot.
Acting SEC Chair Mark Uyeda reportedly voted against suing Elon Musk over his alleged failure to disclose Twitter stock ownership.
Blynex co-founder Mike Baskes claimed that the liquidation was a part of their “automated risk management system.”