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Donald Trump-backed USD1 stablecoin launched on BNB Chain and Ethereum

World Liberty Financial, supported by former president Donald Trump, launched a stablecoin, USD1, on March 4th, with a supply cap of 3.5 million dollars.

The project was launched on the BNB Chain and Ethereum blockchains, but the stablecoin is not yet available for trading. Changpeng Zhao, former CEO of Binance, warned users to avoid falling into the traps of fake coins with the same name.

Additionally, this announcement coincides with the advancement of the GENIUS bill, which regulates stablecoins in the United States, and which passed the Senate Banking Committee on March 13th. The bill could soon be voted on by the full Senate, and Bo Hines, Executive Director of the President's Advisory Council on Digital Assets, expects the bill to reach the president’s desk by June.

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OpenSea cere SEC clarificari privind reglementarea pietelor NFT

OpenSea cere SEC clarificari privind reglementarea pietelor NFT

OpenSea, una dintre cele mai mari platforme pentru tranzactionarea tokenurilor nefungibile (NFT), a transmis o solicitare oficiala catre Comisia pentru Bursa si Valori Mobiliare a Statelor Unite (SEC), cerand ca pietele de NFT sa fie excluse de la reglementarile prevazute de legislatia valorilor mobiliare. Scrisoarea a fost adresata pe 9

OpenSea Asks SEC for Clarification on NFT Regulation

OpenSea Asks SEC for Clarification on NFT Regulation

OpenSea, one of the largest non-fungible token (NFT) marketplaces, has formally submitted a request to the U.S. Securities and Exchange Commission (SEC) to exempt NFT platforms from federal securities regulations. The letter was addressed on April 9 to Commissioner Hester Peirce, who heads the SEC’s Crypto Task Force.

China Sells Seized Bitcoin Through Private Firms, Dodging Crypto Ban

China Sells Seized Bitcoin Through Private Firms, Dodging Crypto Ban

Local governments in China are turning to private companies to sell confiscated cryptocurrencies, bypassing the country’s ban on digital asset trading. This practice arises amid a legislative void that lacks clear guidelines for managing seized crypto assets, leading to non-transparent and risky approaches. According to Reuters, local authorities sold