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President Donald Trump signed an executive order on Aug. 7 to halt what his administration called discriminatory banking practices against the crypto industry. The order bars federal regulators from using “reputational risk” as justification to influence banks’ decisions about working with legal businesses. According to the administration, the digital asset sector has been disproportionately affected […] The post Trump signs executive order to end banking discrimination against crypto industry appeared first on CryptoSlate.

Summer Mersinger has hailed President Trump’s latest financial moves, noting that allowing diversified crypto holdings in 401(k) accounts and curbing banks’ use of “reputation risk” to refuse service marks a major shift toward mainstream digital asset adoption and wider financial access. The post Trump’s Executive Orders Mark A ‘Historic Shift,’ Blockchain Association CEO Summer Mersinger Says appeared first on Cryptonews.

The brothers invested an undisclosed amount in American Bitcoin, the mining company co-founded by two of Trump's sons and others. Cameron and Tyler Winklevoss, the co-founders of cryptocurrency exchange Gemini, have reportedly invested in American Bitcoin, the mining company tied to the US President Donald Trump’s family.  According to a Thursday Bloomberg report citing Hut 8 CEO Asher Genoot, the Winklevoss twins invested an unknown amount in American Bitcoin, the mining company co-founded by Donald Trump Jr., Eric Trump, and others. The company said in May that it was planning to go public through a merger with Gryphon Digital Mining. The reported investment was the latest connection between the Gemini co-founders and the the Trump family, including a $2-million contribution to Trump’s 2024 campaign, attending inauguration events, and participating in a March White House crypto summit. Read more

Federal Reserve Board of Governors member Adriana Kugler announced her resignation on Aug. 1, paving the way for a Trump nominee at the US central bank. Update (Aug. 7 at 8:33 pm UTC): This article has been updated to reflect that Donald Trump said he would nominate Stephen Miran to the Federal Reserve Board. US President Donald Trump said he would nominate Stephen Miran, chair of the Council of Economic Advisors, to temporarily replace Federal Reserve Board of Governors member Adriana Kugler after her resignation becomes effective on Friday. In a Friday social media post, Trump said Miran would serve at the Fed until Jan. 31, 2026, as the White House will “continue to search for a permanent replacement.” The president had reportedly been weighing economic adviser Kevin Hassett, former Fed governor Kevin Warsh and two other people to replace Kugler by the end of the week. Read more

ChatGPT's BTC Analysis has detailed a textbook coiled-spring setup as Bitcoin stays in a 0.09% band at $116,704 while holding above all major EMAs. A mooted Trump order to permit BTC in 401(k)s could break the deadlock via swift rally or shallow test. The post ChatGPT’s BTC Analysis: Trump 401(k) Push Sets Stage for Explosive $118K Breakout appeared first on Cryptonews.

US President Donald Trump is expected to sign an order requiring universities to hand over admissions data to prove that they are not engaged in affirmative action efforts, the White House press secretary said in a post on X on Thursday. In her post on X, White House press secretary Karoline Leavitt did not give details on the order, such as the ramifications universities will face if they do not cooperate. Since taking office for his second term, Trump’s administration has attempted to dismantle affirmative action policies at universities, launching dozens of investigations and threatening to cut off funding to schools that promote diversity, equity and inclusion programs. Trump has particularly taken aim at Harvard University since he took office, calling the institution a “joke” that teaches “hate and stupidity” and going as far as to freeze their government funding. In May, Trump’s administration revoked Harvard’s right to enrol foreign students — more than a quarter of its annual enrollment. Though the m...

Trump’s executive order comes as a group of bank associations are trying to block bank applications from four digital asset firms. US President Donald Trump is set to sign an executive order on Thursday instructing federal bank regulators to identify and fine financial institutions that engaged in “debanking.” According to Bloomberg on Thursday, citing a senior White House official, regulators will be required to review complaint data, while financial institutions under the purview of the Small Business Administration will be asked to make efforts to reinstate clients who were unlawfully denied banking services. Debanking has been a key concern among some political groups, who argue that businesses such as gun manufacturers and fossil fuel companies have been denied banking services for idealogical reasons. Read more

United States trade partners such as Switzerland, Brazil and India were still scrambling to get a better deal on Thursday as President Donald Trump’s higher tariff rates on imports from dozens of countries kicked in, raising the average US import duty to its highest in a century. The US Customs and Border Protection agency began collecting the higher tariffs of 10 per cent to 50pc at 12:01am EDT (09:01am PKT) after weeks of suspense over Trump’s final tariff rates and frantic negotiations with major trading partners that sought to lower them. The leaders of Brazil and India vowed not to be cowed by Trump’s hardline bargaining position, even while their negotiators sought a reprieve from the highest tariff levels. The new rates will test Trump’s strategy for shrinking US trade deficits without causing massive disruptions to global supply chains or provoking higher inflation and stiff retaliation from trading partners. After unveiling his “Liberation Day” tariffs in April, Trump has frequently modified his plan...

De Amerikaanse president Donald Trump heeft de ontmoeting tussen de Amerikaanse gezant Steve Witkoff en de Russische president Vladimir Poetin "zeer productief" genoemd. Toch lijkt Trump van plan zijn sancties tegen Rusland door te zetten. Tegelijkertijd lijkt een fysieke ontmoeting met Poetin aanstaande.

United States envoy Steve Witkoff held talks with Russian President Vladimir Putin in the Kremlin on Wednesday, two days before the expiry of a deadline set by US President Donald Trump for Russia to agree to peace in Ukraine or face new sanctions. Witkoff flew to Moscow on a last-minute mission to seek a breakthrough in the three-and-a-half-year war that began with Russia’s full-scale invasion in 2022. Russian state TV showed a brief clip of him shaking hands with Putin at the start of their meeting. Russian news agencies said the talks ended after about three hours, and Witkoff’s motor convoy was seen leaving the Kremlin. Russian investment envoy Kirill Dmitriev, who earlier greeted Witkoff on arrival and strolled with him in a park near the Kremlin, posted on social media: “Dialogue will prevail.” There was no immediate statement from either side on the substance of the talks. Later, Trump called the meeting “highly productive” in a post on Truth Social. “Great progress was made!” the US president wrote. “...

United States President Donald Trump on Wednesday issued an executive order imposing an additional 25 per cent tariff on Indian goods, citing New Delhi’s continued imports of Russian oil, sharply escalating tensions between the two countries after trade talks collapsed. The new measure raises tariffs on some Indian goods to as high as 50pc, among the steepest faced by any US trading partner. The move is expected to hit key Indian export sectors, including textiles, footwear, and gems and jewellery and marks the most serious downturn in US-India relations since Trump returned to office in January. In an executive order issued from the White House, Trump said: “I find that the Government of India is currently directly or indirectly importing Russian Federation oil. “Accordingly, and as consistent with applicable law, articles of India imported into the customs territory of the United States shall be subject to an additional ad valorem rate of duty of 25pc.” Trump said he determined it “necessary and appropriate...

United States President Donald Trump on Tuesday said he would increase the tariff charged on imports from India from the current rate of 25 per cent “very substantially” over the next 24 hours, given India’s continued purchases of Russian oil. “India has not been a good trading partner, because they do a lot of business with us, but we don’t do business with them. So we settled on 25pc but I think I’m going to raise that very substantially over the next 24 hours, because they’re buying Russian oil,” he told CNBC in a televised interview. “They’re fuelling the war machine, and if they’re going to do that, then I’m not going to be happy,” Trump said, adding that the main sticking point with India was that its tariffs were too high. He did not provide a new tariff rate for India. Trump last week said he would impose a 25pc tariff on goods imported from India and added that the world’s fifth-largest economy would also face an unspecified penalty, but gave no details. Later, Trump mou­nted a sharp attack and said:...

Trump is expected to sign an executive order targeting alleged debanking of crypto firms and conservative groups.

CFTC has partnered with the SEC on a fast-tracked crypto sprint after a White House report urged the US to lead the sector. The plan rolls out 24/7 markets, perpetual derivatives, pilot programs, and clearer token classes while seeking Congress support for broader oversight. The post US Regulators Begin ‘Crypto Sprint’ as CFTC Teams with SEC on Trump’s Crypto Plan appeared first on Cryptonews.

United States President Donald Trump said on Monday he will substantially raise tariffs on India over its purchases of Russian oil. Trump last week said he would impose a 25 per cent tariff on goods imported from India and added that the world’s fifth-largest economy would also face an unspecified penalty, but gave no details. Later, Trump mou­nted a sharp attack and said: “I don’t care what India does with Russia. They can take their dead economies down together, for all I care.” Over the weekend, two Indian government sources told Reuters that India will keep purchasing oil from Russia despite Trump’s threats. In turn, White House Deputy Chief of Staff Stephen Miller had accused India of effectively financing Russia’s war in Ukraine by purchasing oil from Moscow. In a post on Truth Social today, Trump assailed New Delhi for buying Russian oil and then selling it. “India is not only buying massive amounts of Russian oil, they are then, for much of the oil purchased, selling it on the open market for big prof...

Russia urged caution on Monday after United States President Donald Trump said he would deploy two nuclear submarines following an online row with former Russian president Dmitry Medvedev. Trump said he had ordered the deployment in response to what he alleged were highly provocative comments by Medvedev, saying the submarines would be positioned in “appropriate regions”. Trump did not say whether he meant nuclear-powered or nuclear-armed submarines. He also did not elaborate on the locations, which are kept secret by the US military. “Russia is very attentive to the topic of nuclear non-proliferation. And we believe that everyone should be very, very cautious with nuclear rhetoric,” Kremlin spokesman Dmitry Peskov told reporters, including from AFP, on Monday. The row between Medvedev and Trump erupted against the backdrop of the US leader’s ultimatum for Russia to end its military offensive in Ukraine or face fresh economic sanctions, including on its remaining trading partners. Medvedev — one of Russia’s m...

Former National Security Advisor Jake Sullivan shared belated revelations with Israel's public about the Gaza war. After Witkoff's short visit to Israel, it's clear that Trump and his people are falling into the same traps Netanyahu had previously set for Biden

Ondanks de kruistocht van de regering-Trump tegen ‘woke’ beleid voeren zaterdag veel internationale bedrijven mee met Pride Amsterdam. Het FD sprak met ze over hun overtuigingen en dilemma’s.

Cel mai mare producător de mașini din SUA se confruntă cu consecințe neașteptate ale noilor măsuri comerciale impuse de Trump.

Indian officials have said they would keep purchasing oil from Russia despite the threat of penalties that United States President Donald Trump said he would impose, the New York Times reported on Saturday. Reuters could not immediately verify the report. The White House, India’s Ministry of External Affairs and the Ministry of Petroleum and Natural Gas did not immediately respond to requests for comment. Trump on Wednesday imposed a 25 per cent tariff on goods imported from India starting August 1 along with additional penalties, potentially straining relations with the world’s most populous democracy. Trump indicated in a Truth Social post that India would face additional penalties for the purchase of Russian arms and oil. However, he later said that he did not care what India does with Russia. On Friday, Trump told reporters that he had heard that India would no longer be buying oil from Russia. Two senior Indian officials said there had been no change in policy, according to the NYT report, which added th...