Truth Social Pulls Crypto ETF Filings in Strategic Reset
Trump Media-backed Truth Social withdrew registration statements for three proposed crypto exchange-traded funds on May 19 and 20, 2026, pausing plans for spot and multi-asset products while sponsor Yorkville America Equities LLC redirects development under the Investment Company Act of 1940. The withdrawals mark a regulatory and commercial reset for a product lineup that had […]
Trump escalates confrontation with banks over stablecoin yield and stalled CLARITY Act
President Donald Trump escalated his public pressure campaign, accusing U.S. banks of undermining his crypto agenda by obstructing the CLARITY Act and trying to weaken the GENIUS Act—the stablecoin framework he signed in July 2025. Trump’s message was that banks are not just lobbying; they are actively slowing the policy pathway he wants for digital […]
Trump’s ‘Board of Peace’ explored US dollar-backed stablecoin for Gaza reconstruction, FT reports
The Financial Times reported that Donald Trump’s so-called “Board of Peace” discussed a preliminary idea to create a U.S. dollar-pegged stablecoin aimed at supporting Gaza’s economic recovery. The concept was presented as a fast payments layer to help restore day-to-day commerce where cash and banking have been disrupted.
Trump’s World Liberty Financial token ends 2025 down over 40%
World Liberty Financial (WLFI) finished 2025 down more than 40% after steep early volatility, reported investor losses, and governance actions that did not arrest negative momentum. The drawdown coincided with reports of shrinking assets, wallet freezes, and regulatory inquiries that compounded uncertainty around the token’s operating perimeter.