#MGX News

USD1 is a top stablecoin with no attestation and no transparency

protos.com World Liberty Financial, the Donald Trump-endorsed and Justin Sun-advised cryptocurrency firm, has launched a stablecoin, USD1, that has very quickly become one of the…

Senate Investigates President Trump’s Crypto Ventures Amid Concerns Over Foreign Influence

beincrypto.com The US Senate’s Permanent Subcommittee on Investigations (PSI), led by Democrat Richard Blumenthal, has launched a formal inquiry into President Donald Trump’s crypto…

US Panel to Review Trump’s Crypto Engagements for Possible Conflicts of Interest

cryptonews.com A US Senate investigative panel is preparing to investigate potential conflicts of interest linked to President Donald Trump’s growing involvement in cryptocurrency, a…

Trump Crypto Businesses Create 'Pathways' for Corruption, Says Anthony Scaramucci

decrypt.co U.S. President Donald Trump’s meme coin and other crypto businesses create “pathways” for corruption, according to short-lived White House Communications Director and…

Trump’s Growing Crypto Empire Triggers Backlash: Will Stablecoin Legislation GENIUS Be Passed?

99bitcoins.com US President Donald Trump’s deepening ties to the crypto world – and his family’s direct financial interests- have triggered a senate backlash and ethics investigations.…

U.S. Senate Ethics Uproar: Will Trump’s $2B UAE Stablecoin Stall Crypto Bills?

cryptonews.com Key Takeaways: Senators Warren and Merkley demand an ethics review of Trump’s $2 billion UAE-linked stablecoin deal. UAE investment via Binance raises red flags about…

Coinbase CEO Demands Swift Stablecoin Laws as $240B Threatens to Exit U.S

cryptonews.com Key Takeaways: Federal stablecoin legislation could unlock $240 billion in institutional capital. Without clear rules, the U.S. risks losing its stablecoin dominance to…

Figment Eyes $100M to $200M Acquisitions Amid Crypto M&A Surge

cryptonews.com Crypto staking firm Figment is actively pursuing acquisition targets as part of a broader wave of digital asset mergers and acquisitions sparked by renewed optimism under…

‘Open corruption’: Top US lawmaker decries Trump’s crypto conflicts

dlnews.com “It is open corruption.” This is how US Representative Gerry Connolly characterised President Donald Trump’s deep ties to the crypto industry on Monday. “The first 100 days…

Trump's crypto ventures complicate path for landmark stablecoin legislation

coinjournal.net Senate Democrats, led by Sen. Gallego, signaled opposition to advancing the current stablecoin (GENIUS Act) bill. Concerns stem from President Trump’s increasing personal…

Trump’s Ties Make Crypto’s Democrat Allies Stomp Brakes on Bills

coindesk.com Senate Democrats are balking at advancing landmark stablecoin legislation due to President Donald Trump's increasing personal benefits from his own crypto ties. Over the…

Senator Rips GENIUS Act, Alleges Trump Cashing In On USD1 Coin

bitcoinist.com United States Sen. Elizabeth Warren is urging Congress to reject the GENIUS Act, a bill that would potentially pave the way for what she terms “crypto corruption.” The bill…

Say No to Crypto Legislation, Senator Warren Urges Senate on Shady Trump Deal

coinspeaker.com Coinspeaker Say No to Crypto Legislation, Senator Warren Urges Senate on Shady Trump Deal US Senator Elizabeth Warren has raised major red flags about Donald Trump’s…

Trump family's net worth has increased by $2.9 billion thanks to crypto investments, new report says

cbsnews.com President Trump's venture into crypto products has increased his family's wealth by billions in the last six months, according to a new report, as his administration…

Senator Warren Calls $2B Trump-UAE Crypto Deal 'Shady,' Urges Against Senate Crypto Legislation

decrypt.co U.S. Senator Elizabeth Warren (D-MA) has reissued warnings about President Donald Trump and his family's ties to the crypto industry, cautioning that a recent $2 billion…

Elizabeth Warren Slams GENIUS Act Over Illegal Profits By Trump’s USD1 Stablecoin

coingape.com US Senator Elizabeth Warren has taken swipes at the GENIUS Act over its potential in facilitating an illegal windfall for Trump’s USD1 stablecoin. Warren is urging the rest…

Trump-Linked ‘Stablecoin’ USD1 to Power $2B Emirati Investment in Binance

cryptonews.com A state-backed investment firm in Abu Dhabi is set to make a $2 billion investment into crypto exchange Binance using USD1, a stablecoin developed by World Liberty Financial…

Crypto Venture Funding Surges to $4.9B in Q1 2025, Highest Since 2022

cryptonews.com Venture capital investment in the crypto industry soared to $4.9 billion in the first quarter of 2025, marking the sector’s most active fundraising period since late 2022,…

Coinpedia Digest: This Week’s Crypto News Highlights

coinpedia.org The post Coinpedia Digest: This Week’s Crypto News Highlights | 3 May, 2025 appeared first on Coinpedia Fintech News It’s been a week of jaw-dropping headlines in crypto –…

Crypto funding hits $4.9B in Q1 2025 with US firms leading the charge

cryptoslate.com Crypto venture funding reached $4.9 billion in the first quarter of 2025, marking a strong comeback for the industry, according to a May 1 report by Galaxy. The total…

Bitcoin ETFs, gov’t adoption to drive BTC to $1M by 2029: Finance Redefined

cointelegraph.com The cryptocurrency market continued its recovery in the past week as the total crypto market capitalization breached the $3 trillion mark for the first time since the…

Trump-Linked Stablecoin USD1 Fuels $2 Billion Binance

bitcoinist.com The stablecoin USD1, issued by World Liberty Financial, has been chosen to handle a major $2 billion investment from MGX into Binance, according to reports. This move marks…

GENIUS Act Revival Triggers Senate Showdown Over $2B Trump Stablecoin Deal

cryptonews.com U.S. Senators introduced a revised version of the GENIUS Act aimed at enacting stablecoin regulation on Thursday, marking a key step forward in the process of potentially…

Trump’s World Liberty Financial Stablecoin Chosen For $2 Billion Binance Deal

bitcoinist.com A stablecoin launched by Donald Trump’s World Liberty Financial (WLFI) venture is being utilized by an Abu Dhabi investment firm for a substantial $2 billion investment in…

World Liberty Financial’s $USD1 Fuels $2B Binance Investment & Coins Like Best Wallet Token

bitcoinist.com $USD1, the stablecoin behind Donald Trump’s Web3 venture – World Liberty Financial – is on fire right now. Abu Dhabi-based AI firm MGX is using $USD1 to wrap up a hefty $2B…

Trump-Linked Stablecoin Used in $2B Binance Deal With Abu Dhabi Firm

99bitcoins.com In one of the more surreal twists in the ongoing crypto-political soap opera, a $2 billion investment deal in Binance just got an extra dose of intrigue. An Abu Dhabi…

TOKEN2049 Dubai Wraps Up with Major Announcements, Eric Trump Steals the Spotlight

cryptonews.com As TOKEN2049 Dubai came to a close under the golden domes of Madinat Jumeirah, it was clear that the global Web3 community had just witnessed more than a conference — it was…

Trump-Backed Stablecoin USD1 to Power $2 Billion Binance Deal with Abu Dhabi’s MGX

thecryptobasic.com World Liberty Financial’s USD1 stablecoin has officially been selected by Abu Dhabi-based MGX for the $2 billion investment in Binance. For perspective, in March 2025,…

World Liberty’s USD1 to Power $2B MGX Investment in Binance

cryptopotato.com Donald Trump’s World Liberty Financial (WLFI) has announced that its newly launched stablecoin, USD1, will be the settlement currency for a $2 billion investment by Abu…

Morgan Stanley Plans to Introduce Crypto Trading on E*Trade: Bloomberg

coinspeaker.com Coinspeaker Morgan Stanley Plans to Introduce Crypto Trading on E*Trade: Bloomberg Morgan Stanley is preparing to introduce cryptocurrency trading on its E*Trade brokerage…

Eric Trump Says World Liberty’s Stablecoin to Fund MGX’s $2B Binance Investment

coinspeaker.com Coinspeaker Eric Trump Says World Liberty’s Stablecoin to Fund MGX’s $2B Binance Investment MGX, a UAE-based investment firm, will use World Liberty Financial’s stablecoin,…

Abu Dhabi firm uses Trump-linked stablecoin for $2 billion Binance deal

coinjournal.net Trump-linked stablecoin USD1 selected for $2B Binance investment by Abu Dhabi firm MGX. USD1’s rapid rise: Stablecoin backed by U.S. Treasuries hits $2.1B in circulation.…

Max Keiser Predicts Stablecoins Will ‘Work the US Dollar to Death’ as Treasury Projects $2 Trillion Market by 2028

beincrypto.com Welcome to the US Morning Crypto News Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee for an intriguing dive…

Crypto News Today : Bitcoin Price USD, Morgan Stanley Crypto, Ethereum Price, Dow Jones Today

coinpedia.org The post Crypto News Today : Bitcoin Price USD, Morgan Stanley Crypto, Ethereum Price, Dow Jones Today appeared first on Coinpedia Fintech News May 1, 2025 12:07:25 UTC Eric…

Trump’s World Liberty Financial At Token 2049: Tron, MGX, Binance, and More

beincrypto.com The Trump family’s World Liberty Financial (WLFI) continues to make headlines, extending its reach in the crypto arena. Recent developments follow key announcements during…

Eric Trump: USD1 will be used for $2B MGX investment in Binance

cointelegraph.com Abu Dhabi-based investment firm MGX will be tapping a US President Donald Trump-related stablecoin to settle its $2 billion investment into Binance, the world’s largest…

Trump’s USD1 Stablecoin to Back MGX’s $2B Binance Investment

coinpedia.org The post Trump’s USD1 Stablecoin to Back MGX’s $2B Binance Investment appeared first on Coinpedia Fintech News At Token2049 in Dubai, Eric Trump announced that the Trump…

Eric Trump Confirms USD1 Stablecoin Will Power $2B Binance Deal, TRON Integration Next

coinpedia.org The post Eric Trump Confirms USD1 Stablecoin Will Power $2B Binance Deal, TRON Integration Next appeared first on Coinpedia Fintech News Let’s talk about what just dropped…

World Liberty’s USD1 Will Integrate With Tron; WLFI's Witkoff Teases More Partnerships

coindesk.com Eric Trump, son of U.S. President Donald Trump, said that World Liberty Financial's dollar denominated stablecoin (USD1) has been officially selected as the official…

Stablecoin supply on Binance Smart Chain explodes 30% due to USD1’s $2.1B launch

cryptoslate.com Binance Smart Chain’s stablecoin reserves expanded sharply this week, adding more than $2 billion in value following the debut of USD1, a politically branded dollar token…

Expert Reveals Key VC Interests for H2 2025, Highlights Stablecoins and RWAs

beincrypto.com The crypto market has entered the fifth month of 2025, yet retail investors have not seen much improvement in their portfolios. Meanwhile, what directions are venture…

UAE Launches Dirham-Backed Stablecoin Under New Dubai Crypto Regulation Push

coinpedia.org The post UAE Launches Dirham-Backed Stablecoin Under New Dubai Crypto Regulation Push appeared first on Coinpedia Fintech News Abu Dhabi is moving closer to becoming a…

Abu Dhabi’s Financial Titans Step Up Crypto Push With Stablecoin Project

cryptonews.com Abu Dhabi is stepping up its ambitions in the digital asset space, with three of its largest institutions joining forces to launch a new dirham-backed stablecoin. Sovereign…