Stablecoin bill advances in U.S. Senate
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A stablecoin launched by Donald Trump's World Liberty Financial crypto venture is being used by an Abu Dhabi investment firm for its $2 billion investment in crypto exchange Binance, one of World Liberty's co-founders said on Thursday.
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Cryptopolitan on MSNSenate Democrats move to block Trump’s stablecoin paydayThese amendments tackle President Donald Trump’s ties to the cryptocurrency world. Senator Jeff Merkley shared an X post stating that passing the GENIUS Act without including their anti-corruption amendment would show that Congress was okay with Trump selling influence and access to those who can pay the most.
Binance officially listed USD1, a USD-backed stablecoin from World Liberty Financial (WLFI), with trading against Tether (USDT) starting on May 22.
Abu Dhabi sovereign wealth fund ADQ, conglomerate IHC , and the UAE's biggest lender by assets First Abu Dhabi Bank (FAB) are planning to launch a new stablecoin backed by dirhams, they said on Monday,
Senators Elizabeth Warren and Jeff Merkley are asking World Liberty Financial Inc., the Trump family’s crypto project, to preserve records of communications with the Trump administration and to provide copies of communications regarding its new stablecoin,
What do U.S. senators know about Trump’s crypto ties that has them demanding answers from top federal agencies?
Three major Abu Dhabi entities, including a sovereign wealth fund, plan to launch a stablecoin fully regulated by the central bank of the United Arab Emirates and backed by the dirham, a move that ...