Cryptocurrency
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In a sweeping show of support for the crypto industry, President Trump on Friday signed the landmark GENIUS Act into law, creating the first federal framework for dollar-backed stablecoins. Flanked by lawmakers and industry leaders, Trump called the legislation “a giant step” toward cementing America’s dominance in global finance and digital assets.
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Digital Asset has raised $135 million to scale its Canton Network, drawing investment from Citadel Securities, the Miami based market maker controlled by billionaire Ken Griffin. The round underscores Wall Street’s deepening commitment to blockchain infrastructure built for real-world finance.
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President Donald J. Trump earned more than $58 million in cryptocurrency related income last year, according to his newly released financial disclosure, underscoring how the Trump brand has capitalized on the booming digital collectibles market.