Eric Trump Denies New Trump Coin Launch
The denial separates a circulating claim from an official Trump-family token announcement, leaving the alleged launch unconfirmed.
Crypto business news — institutional moves, funding rounds, payments, partnerships, and country-level adoption.
The denial separates a circulating claim from an official Trump-family token announcement, leaving the alleged launch unconfirmed.
The ZCSH conversion is structured to close a trust that traded at a 240% premium and 55% discount at its extremes.
Unlike most state levies on trading gains, Illinois's rule taxes gross value of every covered broker-handled digital asset event.
The case cuts to a foundational stablecoin question: can an issuer unilaterally freeze user funds, and if so, under what conditions?
The alignment he describes could reduce a key barrier to wider institutional participation in US digital-asset markets.
Both venues lost roughly half their H1 revenue to KOSPI's semiconductor rally; if that flow reverses, Korean buying has historically amplified global crypto moves well beyond its share of volume.
Eight-year highs get the headline, but the real signal sits in the derivatives tape: $9.5B in ZEC futures versus just $1.06B on spot, with open interest near 13% of market cap.
A 60-vote threshold in a 53-47 chamber leaves the bill short by default. The CFTC's parallel fallback plan keeps regulatory momentum alive regardless of how the floor math shakes out.
The reference to 'creditors' is what changed. White & Case is now restructuring counsel, with a detailed roadmap due Sept. 9. BMX already dropped 58% in 24 hours on the original shutdown news.
The discrepancy is confined to voter-facing data, while snapshot availability could determine whether participation appears when epoch 1021 opens.
Beyond the $75M cap, the real story is the lifecycle: raise under crypto-native disclosures, report quarterly, then file a public exit from the investment contract after the build.
Beyond the squeeze, Washington advanced crypto rules across the CFTC, SEC and Treasury, and Visa, Swift and X all pushed deeper into stablecoin rails in the same week.
The mechanism works both ways: the February crash forced Riot to lock up 1,825 BTC; the rally to $78K has now dropped LTV to 44.1%, below two of three release thresholds in the loan.
Self-custody and on-chain transfers stay outside the framework, so the regulatory gate sits at the US exchange level, where $183B of USDT liquidity currently lives.
The seven-day grace clause on the $15M is the structural tell: a missed payment voids Cantor's releases, reopening exposure the termination was meant to close.
ZEC’s move above its January 2018 high is being amplified by futures activity and Grayscale’s effort to convert its Zcash Trust, though regulatory approval remains pending.
About $650M in spot ETF inflows and a roughly $4B short squeeze amplified the rally, but Bitcoin still competes with Treasuries offering returns near 5%.
With three industry groups now aligned against the levy, the suit escalates from a state-budget line item into a precedent fight over digital asset taxation.
Treasury says it isn't YCC or money printing, but doubling bond buybacks with 30-year yields at 2007 highs reads as a pre-commitment to defend the curve. That's the bitcoin bid.
Blockchain Association CEO Summer Mersinger warns that reopening the stablecoin-yield provision less than three weeks before the procedural vote would restart a settled negotiation and likely sink…