Politics News

Zohran Mamdani has made waves after his primary election victory, but what would he mean for the crypto industry in NYC?

Wyoming Senator Cynthia Lummis had proposed that the legislation address double taxation for cryptocurrency miners and stakers.

Protect Progress, an affiliate of the cryptocurrency-backed Fairshake PAC, spent more than $1 million on media buys to support Democratic candidate James Walkinshaw.

Marketed with Trump’s name but lacking a white paper or utility, the TRUMP token surged to a multibillion-dollar valuation before crashing.

Zohran Mamdani defeated Andrew Cuomo in the Democratic primary for New York City’s mayoral election, but he’ll be competing in a field where digital assets could be an issue.

After passing the GENIUS stablecoin bill, Republican leadership on the Senate Banking Committee has turned its sights to digital asset market structure.

Cynthia Lummis said she expects the CLARITY Act and GENIUS Act to pass through Congress and be ready for the president’s signature by the end of the year.

Trump may issue an executive order to protect crypto firms from banking discrimination, ending what some call Operation Chokepoint 2.0, according to The Wall Street Journal.

Whales are betting hundreds of millions on Ether’s price recovery despite the industry’s most successful traders being net short amid escalating conflict in the Middle East.

An umbrella company controlled by the president and his family has reportedly been reducing its stake in World Liberty Financial since December 2024.

The initial purchase of more than 187 BTC was part of a larger strategy to “substantially increase its Bitcoin holdings,” according to Prenetics.

The bill passed without amendments to address Donald Trump’s connections to World Liberty Financial’s stablecoin, which many Democrats had been calling for.

Throughout the last 10 years, Bitcoin’s price has remained resilient to war and armed conflict.

US President Donald Trump promoted a 250th anniversary celebration of the Army that coincided with his birthday, leading to a sharp divide in how many Americans spent June 14.

Strategy’s latest Bitcoin purchases were made following Strategy’s STRD, its third Bitcoin-backed preferred stock, launching on the Nasdaq on Wednesday.