Trump escalates fight with banks over crypto agenda — He’s publicly pushing banks to support his crypto policies, especially stablecoin yield, and blasting them for opposing his agenda. �
Bloomberg.com
Bitcoin reacts to Trump’s remarks — $BITCOIN steadied around ~$68K after Trump offered regulatory support for the crypto industry. �
Investing.com
Trump sides with crypto firms in stablecoin dispute — The president backed crypto companies in their fight with banks over stablecoin yields, calling for Americans to “earn more money on their money.” �
DL News
Crypto regulation bill faces hurdles — A broader legislative push to regulate crypto has been slowed by Iran-related conflict and partisan disagreements, potentially delaying a market-structure bill. �
Barron's
💼 Industry & Business Developments
Trump-family crypto business loses money — American Bitcoin Corp., a mining company backed by Trump’s sons, swung to a $59M quarterly loss amid broader crypto sell-off. �
Reuters
New CFTC leadership with crypto focus — Michael Selig, appointed by Trump as CFTC chair, is pushing a pro-industry stance on prediction markets like Polymarket. �
Business Insider
⚠️ Controversies & Ethics
Ethics concerns over UAE-linked crypto deal — Trump faced accusations of corruption after a UAE investment linked to a family firm, though the White House denies his involvement. �
Trump’s crypto policy and market moves have been evolving significantly:
🪙 Strategic Crypto Reserve
Trump previously announced plans for a U.S. “crypto reserve” including major coins like Bitcoin, Ethereum, XRP, Solana and Cardano to boost American digital finance leadership. �
Wikipedia
He launched a meme cryptocurrency ($TRUMP) on the Solana blockchain that once saw a large market cap and stirred debate over ethics and regulatory concerns