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President Donald Trump signed the GENIUS Act into law on July 18, pledging that the measure will secure “global dominance” in crypto technology. The legislation gives the US its first federal framework for dollar‑backed stablecoins. Trump celebrated the passing of the bill, saying: “Crypto has gone up more than any stock. Crypto makes the dollar look good. […] The post Trump signs GENIUS Act into law, activating America’s first regulatory framework for stablecoins appeared first on CryptoSlate.

Several C-suite executives from cryptocurrency companies attended the Friday event, some of whom directly contributed to Trump’s 2024 campaign. US President Donald Trump signed one of the first bills related to crypto and blockchain of his administration into law on Friday after delays due to debates in the House of Representatives and Senate. In a Friday signing ceremony attended by many cryptocurrency company executives and high-ranking Republicans, including Vice President JD Vance and House Speaker Mike Johnson, Trump signed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act into law. The president acknowledged the support of several crypto figures in attendance, including Kraken co-CEO David Ripley, Gemini co-founders Cameron and Tyler Winklevoss, Coinbase CEO Brian Armstrong, Circle CEO Jeremy Allaire, Tether CEO Paolo Ardoino and Robinhood CEO Vladimir Tenev. Read more

LONDON: The Bank of England has asked some lenders to test their resilience to potential U.S. dollar shocks, three sources said, the latest sign of how the Trump administration’s policies are eroding trust in the U.S. as a bedrock of financial stability. As the leading currency for global trade and capital flows, the U.S. dollar […]

The Senate Agriculture Committee will hear from prospective CFTC chair Brian Quintenz, who could be the sole commissioner at the US regulator by the end of 2025. Brian Quintenz, US President Donald Trump’s pick to chair the US Commodity Futures Trading Commission (CFTC), is scheduled to appear before lawmakers as his nomination moves forward in the Senate. His role could expand significantly if current legislation shifting crypto oversight to the agency becomes law. The Senate Agriculture Committee will hold a meeting to consider Quintenz’s nomination before a potential floor vote on Monday. The meeting will follow a hearing held by the committee in June, marking the first step in his nomination since Trump announced it in February.  The committee meeting will come as the Senate is expected to consider the Digital Asset Market Clarity (CLARITY) Act following passage in the House of Representatives on Thursday. Read more

US President Donald Trump threatened to sue The Wall Street Journal on Thursday over a story about an alleged off-colour letter he wrote to Jeffrey Epstein, amid lingering political fallout over his administration’s handling of the late financier’s sex trafficking case. The Journal story says the letter featuring a sketch of a naked woman and Trump’s signature was part of a collection of notes for Epstein’s 50th birthday in 2003. The newspaper says it reviewed the letter but did not print an image. Wall Street Journal editor-in-chief Emma Tucker “was told directly by (White House press secretary) Karoline Leavitt, and by President Trump, that the letter was a FAKE,” Trump wrote in a post on his Truth Social network. “Instead, they are going with a false, malicious, and defamatory story anyway,” he said. “President Trump will be suing The Wall Street Journal, NewsCorp, and Mr. (Rupert) Murdoch, shortly. The press has to learn to be truthful, and not rely on sources that probably don’t even exist.” The Republic...

The White House on Thursday said that no visit of United States President Donald Trump was scheduled to Pakistan “at this time” after widespread reports of a trip. Earlier in the day, some local television news channels reported, citing sources, that Trump was expected to visit Pakistan in September. The news channels said that Trump would also visit India after arriving in Islamabad in September. The channels later withdrew their reports. The White House dismissed the rumours. “A trip to Pakistan has not been scheduled at this time,” a White House official said. Talking to Dawn.com on the reported visit earlier, Foreign Office Spokesperson Shafqat Ali Khan said: “We have no information about this matter.” Similarly, a US embassy spokesperson in Islamabad told Reuters, “We have nothing to announce,” and said that the White House might be able to provide confirmation on the president’s schedule. George W Bush was the last US president to visit Pakistan in 2006. US-Pakistan relations saw a major boost when Trum...

NBC reported that U.S. strikes on Iranian nuclear facilities near the end of the Israel-Iran war did not do as much damage as claimed, with two out of three nuclear sites capable of resuming enrichment within the next few months. Sources say Trump rejected a plan to go 'all in' and instead opted for a more limited intervention, the report said

US President Donald Trump reportedly pressured Republicans who voted against a procedural vote to consider three crypto bills on Tuesday, but his memecoin could complicate the debate. The imminent unlocking of a Trump-themed memecoin could add new layers to the ongoing debate over US legislation during “Crypto Week,” as Republicans rally behind three digital asset bills this week. According to multiple sources, 90 million Official Trump (TRUMP) tokens worth more than $900 million are set to be unlocked this week, allowing holders to sell the memecoin launched in January ahead of Trump's second-term inauguration. The unlock boosts the memecoin’s circulating supply by 45% and marks one of the most significant increases since 200 million tokens were available at launch on Jan. 17. Read more

Președintele Donald Trump s-a dezlănțuit împotriva propriilor susținători, acuzându-i că s-au lăsat păcăliți de democrați, după criticile aduse administrației sale cu privire la modul în care a gestionat dosarul mediatizat al lui Jeffrey Epstein, pe care Trump îl numește acum „o farsă”.

For years, United States President Donald Trump and his Republican allies benefited from conspiracy theories that fuelled the conservative MAGA (Make America Great Again) movement and targeted his political enemies. Now the persisting furore over files related to accused sex trafficker Jeffrey Epstein has forced Trump into an unfamiliar role: trying to shut a conspiracy theory down. Epstein, a wealthy financier and convicted sex offender, was facing federal charges of sex trafficking minors when he died by suicide in jail in 2019. He had pleaded not guilty, and the case was dismissed after his death. The saga burst back into the news last week after the Trump administration reversed course on its pledge to release documents it had suggested would reveal major revelations about Epstein and his alleged clientele. That reversal has enraged some of Trump’s most loyal followers. To contain the fallout, Trump and White House officials are weighing a range of options, including unsealing new documents, appointing a ...

Președintele Ucrainei, Volodimir Zelenski, a declarat într-un interviu pentru presa americană că Rusia s-a abținut de la bombardarea Kievului de la sosirea trimisului special al lui Trump, Keith Kellogg, interpretând acest tipar drept un fenomen grăitor.

Trump on Tuesday offered a more cautious tone on what to expect after he threatened Russia a day earlier with steep tariffs.

President Donald Trump urged House Republicans on July 15 to support a procedural motion that would advance three crypto bills during the chamber’s “Crypto Week,” but lawmakers resisted the bill in today’s voting session.  Trump wrote on Truth Social that “all Republicans should vote yes,” arguing that the GENIUS Act will keep the US “lightyears ahead” of China and Europe […] The post House rejects crypto rule package despite Trump’s call, push for second vote later today appeared first on CryptoSlate.

US President Donald Trump said Tuesday that Ukraine should not target Moscow, after the Kremlin charged that a new US plan to supply weapons to Kyiv along with sanctions threats against Russia would delay peace efforts.US President Donald Trump said Tuesday that Ukraine should not target Moscow, after the Kremlin charged that a new US […]

President Donald Trump on Tuesday said the U.S. would impose a 19% tariff on goods from Indonesia under a new agreement with the Southeast Asian country and said more deals were in the works as he continued to press for what he views as better terms with trading partners and a path to reducing a […]

President Vladimir Putin intends to keep fighting in Ukraine until the West engages on his terms for peace, unfazed by Donald Trump’s threats of tougher sanctions, and his territorial demands may widen as Russian forces advance, three sources close to the Kremlin said. Putin, who ordered Russian troops into Ukraine in February 2022 after eight years of fighting in the country’s east between Russian-backed separatists and Ukrainian troops, believes Russia’s economy and its military are strong enough to weather any additional Western measures, the sources said. Trump on Monday expressed frustration with Putin’s refusal to agree to a ceasefire and announced a wave of weapons supplies to Ukraine, including Patriot surface-to-air missile systems. He also threatened further sanctions on Russia unless a peace deal was reached within 50 days. The three Russian sources, familiar with top-level Kremlin thinking, said Putin will not stop the war under pressure from the West and believes Russia — which has survived the t...

Republicans are still planning to pass three pieces of crypto-related legislation, but a majority of members in the House voted against a resolution to consider the bills. Cryptocurrency-related bills backed by US President Donald Trump failed to clear a key procedural step in the House of Representatives on Tuesday, despite the president’s public push for action. Trump had urged Republican lawmakers to “get the first vote done this afternoon” on legislation to regulate payment stablecoins as part of a larger effort to pass crypto legislation before the August recess. In a Tuesday post on his social media platform Truth Social, Trump ordered all Republicans to vote yes on the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, a bill designed to regulate payment stablecoins in the US. Read more

De Amerikaanse president Donald Trump vindt dat de Oekraïense president Zelensky zich niet op Moskou moet richten en geen aanvallen moet uitvoeren op de Russische hoofdstad. Eerder meldde Financial Times dat Trump heeft gepeild of het mogelijk is de aanvallen op Rusland op te voeren om de Russische regering naar de onderhandelingstafel te krijgen. Lees alles over de oorlog in Oekraïne en de situatie in Rusland in ons liveblog.

Trump delayed “very severe” sanctions on Russia for 50 days, sparking criticism from Ukrainians and European leaders who see the delay as too long.

A divided United States supreme court gave US President Donald Trump the green light on Monday to resume dismantling the Education Department. The conservative-dominated court, in an unsigned order, lifted a stay that had been placed by a federal district judge on mass layoffs at the department. The three liberal justices on the nine-member panel dissented. Trump pledged during his White House campaign to eliminate the Education Department, which was created by an act of Congress in 1979, and he moved in March to slash its workforce by nearly half. Trump instructed Education Secretary Linda McMahon to “put herself out of a job”. Around 20 states joined teachers’ unions in challenging the move in court, arguing that the Republican president was violating the principle of separation of powers by encroaching on Congress’s prerogatives. In May, District Judge Myong Joun ordered the reinstatement of hundreds of fired Education Department employees. The supreme court lifted the judge’s order without explanation, ju...