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Crypto

Trump earns 3.5 trillion won from crypto as investors post losses, analysis shows

U.S. President Donald Trump\'s family earned about $2.3 billion in pre-tax profit from crypto ventures over the past 18 months, while retail investors and shareholders in related listed firms recorded $2.25 billion in losses, an analysis showed. The biggest gains were tied to World Liberty Financial token sales and the TRUMP memecoin, while investors faced lockups and price drops. A Nasdaq-listed firm and a bitcoin miner were also cited.

Crypto

HTX delists Trump family-linked stablecoin USD1 as address freeze dispute escalates

Crypto exchange HTX has halted support for the Trump family-linked stablecoin USD1 and delisted related trading pairs. HTX said issuer World Liberty Financial froze an exchange-related on-chain address without prior consultation, restricting some assets linked to the address. The exchange said it will convert users’ USD1 holdings to tether (USDT) at a 1-for-1 ratio, with details to be announced later. HTX criticised the freeze as lacking communication and transparency and said it is considering legal action.

Crypto

U.S. Senate to resume talks on CLARITY bill, passage uncertain amid Democrat and bank opposition

The U.S. Senate will resume discussions this week on the CLARITY bill, a digital asset market-structure measure. The biggest variable is expected to be ethics provisions addressing conflicts of interest for elected officials involved in crypto, rather than the bill’s regulatory content. Democrats say they may withhold support without such language, while some Republicans want the issue handled separately. Banks also object to parts of the text, adding uncertainty to prospects for passage.