Trump launches ethically murky cryptocurrency days before taking office

As of Monday afternoon, $TRUMP coin was worth around $53 per individual share. The weekend before his presidential inauguration, Donald Trump launched a new cryptocurrency, sparking deep concerns from critics that it could be influenced by wealthy individuals or foreign powers contributing to it. $TRUMP coin introduced on Friday during a “Crypto Ball” that Trump…

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The Brutalist Laszló Tóth got some help from AI

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Cambodia publishes banking rules for digital assets. Is this a softening position when it comes to crypto? – Ledger information

THE National Bank of Cambodia has published a first set of rules on digital assets that apply to banks and payment service providers. Banks may have exposure to tokenized assets and eligible stablecoins, but no first-party exposure to cryptocurrencies. Several Cambodian media outlets have stated that the ban on cryptocurrencies persists. Our interpretation of the…

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Elon Musk’s Bold Statement: Solving Dollar Inflation Could Lower Cryptocurrency Prices

IIn a recent tweet, Tesla and SpaceX CEO Elon Musk shared a thought-provoking perspective on the relationship between dollar inflation and cryptocurrency prices. Musk suggested that if dollar inflation were resolved, the dollar price to buy cryptocurrencies would actually fall, assuming all other factors remain constant. Musk’s economic vision: a deflationary vision Musk’s comment echoes…

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