Trump’s $1B Dubai Tower to Accept Crypto for Luxury Apartment Sales
The Trump Organization has announced it will accept cryptocurrency payments for apartment sales in its new $1 billion real estate project in Dubai. The move signals the company’s expansion into digital assets and the high-end property market in the Gulf region.
The project, named Trump International Hotel and Tower,
TMTG Eyes Crypto Expansion With Truth+ Token and Wallet
Trump Media & Technology Group (TMTG), the company behind the Truth Social platform, is considering launching a digital wallet and a utility token, according to a letter sent to shareholders by CEO Devin Nunes. The announcement comes ahead of the company’s upcoming general shareholders’ meeting.
According to the letter,
Senatul american pregateste votul decisiv pentru legea GENIUS privind stablecoin-urile
Senatul Statelor Unite urmeaza sa voteze pana pe 26 mai asupra proiectului legislativ GENIUS Act, care vizeaza reglementarea stablecoin-urilor. Anuntul a fost facut de liderul majoritatii din Senat, John Thune, care le-a transmis republicanilor ca votul ar putea avea loc inainte de pauza de Memorial Day.
Initiat de senatorul Bill
U.S. Senate to Vote on GENIUS Act Stablecoin Bill by May 26
The United States Senate is expected to vote by May 26 on the GENIUS Act, a bill aimed at regulating stablecoins. The announcement was made by Senate Majority Leader John Thune, who informed Republican lawmakers that the vote could take place before the Memorial Day recess.
Introduced in February by
UAE Introduces New Stablecoin Backed by National Currency
Abu Dhabi has announced the launch of a stablecoin backed by the United Arab Emirates Dirham, as part of a partnership between International Holding Company (IHC), ADQ, and First Abu Dhabi Bank (FAB). The new digital currency is built on the local ADI blockchain and is set to be issued
SEC Approves XRP ETFs: Launches April 30
The U.S. Securities and Exchange Commission (SEC) has officially approved the launch of several XRP-based ETFs, marking a major shift in the regulator's stance on this cryptocurrency. Developed by ProShares, the new products will become available on the market starting April 30, offering investors exposure to XRP
Mastercard Enables Real-Time Stablecoin Transactions Worldwide
Mastercard announced new partnerships on Monday that enable global usage of stablecoins for everyday payments. In collaboration with OKX, Nuvei, Circle, and other companies, Mastercard is expanding its ability to support stablecoins like USDC for purchases at over 150 million merchants worldwide.
The partnership with OKX includes the launch of
SNB rejects the proposal to include Bitcoin in its reserves
The Swiss National Bank (SNB) has rejected the proposal to include Bitcoin in its reserves, while activists continue to push for constitutional changes. Martin Schlegel, president of the SNB, stated during a shareholder meeting in Bern that “cryptocurrency cannot currently meet the requirements for our currency reserves.” He had previously
Nike Sued Over NFT Losses After Shutting Down RTFKT Division
A group of investors has filed a class action lawsuit against Nike, seeking over $5 million in damages. The lawsuit accuses the company of causing financial losses by shutting down its Web3-focused subsidiary, RTFKT, and diminishing the value of associated digital assets.
According to court documents, investors claim that Nike
Coinbase urges removal of SEC crypto holding ban for staff
Coinbase has requested the United States Office of Government Ethics (OGE) to eliminate the rule that prohibits Securities and Exchange Commission (SEC) employees from holding cryptocurrencies. Paul Grewal, Coinbase’s Chief Legal Officer, submitted the request through official letters addressed to OGE Acting Director Jamieson Greer and SEC Chair Paul