Investor confidence in stablecoins is tied to the issuer’s ability to redeem them for fiat currency at any time. To ensure that, stablecoin companies keep backup funds to secure their value. They hold actual …
Tag:
Administration
- Crypto Education
U.S. voters don’t trust Trump administration to oversee crypto sector, CoinDesk poll finds
by adminby adminMost voters in the U.S. aren’t comfortable with President Donald Trump’s hand on the wheel of crypto industry oversight, with 62% saying they don’t trust his administration on that point, according to a survey …
- Bitcoin & Ethereum
AI Giant Anthropic Files to Launch ‘AnthroPAC’ Amid Clash With Trump Administration
by adminby adminIn brief Anthropic has filed with the FEC to create an employee-funded political action committee called AnthroPAC. The move follows a dispute with the Trump administration over military use of the Claude AI model. …
Bitcoin & Ethereum
SBF Claims Biden Administration Targeted Him for Political Donations: Critics Unswayed
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Critics are not convinced by SBF’s latest antics and argue that his narrative is a well-funded lobbying attempt to recast the FTX collapse as political persecution. Sam Bankman-Fried, the disgraced FTX founder now …