The token's launch aims to transform a source of personal and political vulnerability into a digital asset, with Biden calling Donald Trump's TRUMP token a 'grift' in contrast.
Bitcoin's price recovered toward $79,000 after a brief dip to $77,666 on Tuesday, showcasing the cryptocurrency's volatility as traders brace for key inflation data and the Federal Reserve's upcoming rate decision.
Malone Lam, the alleged ringleader of an international cybercrime network, has pleaded guilty to a conspiracy involving the theft and laundering of over $245 million in cryptocurrency.
India's Financial Intelligence Unit (FIU-IND) has escalated its regulatory crackdown on the cryptocurrency sector by issuing non-compliance notices to 15 offshore platforms.
Iran has reportedly relaxed its foreign currency controls to allow businesses to bypass US sanctions using cryptocurrency, according to a Financial Times report.