Issue 95 – The pardon was the payoff
Binance’s Changpeng Zhao earns a gold-plated pardon as other industry figures fund Trump’s $300 million ballroom
Activity tagged "crypto lobby"
he saw Mamdani talking about housing and thought: but what about crypto?
my guess is this is more of a hail mary attempt to get blockchain/AI money and influence behind him. we haven't seen much crypto industry spending in races below the federal level, but i also wouldn't put it past them to get involved here at the last minute
Issue 93 – Undermining deregulation
Democratic lawmakers sound corruption alarms while crypto PACs gear up for the midterms
Issue 92 – The scam of all scams
The Trumps “debank” major customers from their “anti-debanking” cryptocurrency venture, and a CFTC nominee says the Winklevosses are blackballing him
Issue 91 – GDP on the blockchain
The regulator set to take on primary crypto oversight is down to a single Commissioner, and new pro-crypto PACs focus on installing more Republicans in the midterms
Issue 89 – Crypto wins in Washington with midnight calls, chocolate bars, and a $141 million threat
Trump stands to profit from a $2 billion bitcoin bet as the crypto industry pushes through bills aimed at bolstering the sector
Trump speaking to crypto executives while signing the GENIUS Act stablecoin bill: “I got you guys out of so much trouble... They’ve got plenty of cash, and it’s great that you’re on our side.”
Note: I retained Trump’s comments about Biden to avoid taking his statement out of context, but his claim that Biden “dropped all charges” against crypto executives during his (or Harris’s) campaign is false.
GENIUS Act stablecoin bill stalls in the Senate
The GENIUS Act stablecoin bill has stalled in the Senate with key Democrats — including some of its early co-sponsors — voting against it. Democratic opposition increased after Trump’s World Liberty Financial cryptocurrency platform released its own stablecoin, allowing the president to profit from transactions including a $2 billion deal between the Emirati state-owned investment firm and the Binance crypto platform.
Senators who voted against the bill include Ruben Gallego (AZ), Mark Warner (VA), Lisa Blunt Rochester (DE), Andy Kim (NJ), Kirsten Gillibrand (NY), and Angela Alsobrooks (MD). Gallego was one of the top recipients of crypto industry campaign funds in 2024, receiving $10 million in crypto super PAC backing.
Trump’s newest grift: Building a cryptocurrency empire while destroying its regulators
Inside the Trump family’s sprawling crypto empire — from memecoins to mining — and how Trump is using presidential power to dismantle the regulators who could stop it
White House crypto advisers have floated the idea of using tariff revenues or US gold reserves to buy bitcoin
@molly0xfff White House crypto advisers think tariff revenues or gold reserves could be used to buy Bitcoin, benefiting the president's billionaire crypto backers #cryptonews #cryptoindustry #cryptolobby #tariff #bitcoin #news #uspolitics ♬ original sound - Molly White