Trump Crypto Income Tops $1.4B in Annual Disclosure
A 2025 annual disclosure filed with the U.S. Office of Government Ethics showed U.S. President Donald Trump earned more than $1.4 billion from cryptocurrency businesses last year. The income included over $500 million from World Liberty Financial and more than $635 million from the memecoin Trump. Reuters estimated that the Trump family has earned at least $2.3 billion from crypto businesses since the start of his presidency.
Lighter said it will formalize a policy to permanently burn all future LIT buybacks. The project has bought back 15.5 million LIT to date, equal to 6.3% of total supply. The first burn is scheduled to occur within the next few weeks.
Strive CEO Weighs SATA Issuance Pause After Short Interest Rises
Strive CEO Matt Cole requested market feedback on whether to temporarily halt SATA preferred stock issuance. Cole said SATA short interest rose by about one million shares over the past 30 days, while stock lending costs increased. SATA closed at $91.05 on June 30 after reaching an all-time low of $80.50 on June 26.
Goldman Lampe Private Bank recently purchased $137 million worth of Bitcoin after a recent market correction. The UAE-based bank said Bitcoin has proven its resilience as a store of value and strategic asset. The bank previously launched the world's first crypto fixed deposit product.
UK investors sue Binance for $200M over leveraged products
Over 1,700 UK crypto investors filed a $200 million lawsuit against Binance and Changpeng Zhao. The plaintiffs allege that Binance illegally sold leveraged products before and after the FCA banned their sale in 2021. Binance said it complied with legal obligations and will actively defend against the suit. The UK court outcome could set a precedent for exchange responsibility.
Strategy Overhauls Capital Plan With $2B Buybacks and Possible Bitcoin Sales
Strategy released a new capital framework that includes up to $2 billion in buybacks across MSTR, STRC, and related securities. The company expanded its cash buffer to $2.55 billion. Strategy also said it may sell up to $1.25 billion in BTC holdings if required to meet dividend or debt obligations.
Scott and Hagerty Bill Seeks AI Tech Blocks on Foreign Adversaries
Tim Scott and Bill Hagerty introduced a bill that would give the U.S. Commerce Department more authority over domestic artificial intelligence technology supply chains. The bill would let Commerce block transactions involving technology linked to foreign adversary countries. The bill has limited opportunity to advance before the summer break and midterm elections unless it is attached to a must-move bill.
U.S. President Donald Trump disclosed at least $1.4 billion in income from cryptocurrency-related businesses in 2025. Crypto-related businesses were his largest income source in the filing. The disclosure renewed conflict-of-interest concerns because Trump has not divested the assets or placed them in a blind trust.
President Donald Trump earned more than $1 billion from crypto sales and royalties last year. His annual disclosure for 2025 showed $635 million in memecoin royalties and more than $500 million from World Liberty Financial token sales.
Trump Discloses Hundreds of Millions in World Liberty Financial Crypto Income
President Donald Trump's annual financial disclosure report showed more than $65.6 million from WLF Holdco equity sales and $236.25 million in token-sale proceeds distributed by World Liberty Financial. The filing also listed World Liberty Financial cold-wallet holdings of bitcoin, ether, USDC, LINK, AAVE, ENA, MOVE and ONDO. Democrats have called for an ethics provision in a sweeping crypto regulation bill.
U.S. Vice President JD Vance disclosed that he holds more than $250,000 in Bitcoin. U.S. President Donald Trump previously revealed cryptocurrency holdings and memecoin-related royalties.
OpenStandard announced Open USD, a stablecoin for global fund transfers backed by a governance body of more than 140 payment and cryptocurrency companies. OpenStandard plans to formally launch Open USD by the end of this year.
President Donald Trump disclosed more than $50 million in Bitcoin held in cold wallets. The 2025 annual financial disclosure also listed more than $1 billion in crypto-related revenue last year.
Trump Reports Over $1.2B Crypto Earnings, $50M Bitcoin and $635M TRUMP Royalties
President Donald Trump reported more than $1.2 billion in crypto-venture earnings in an annual financial disclosure released by the U.S. Office of Government Ethics. The filing also listed over $50 million in Bitcoin and between $5 million and $25 million in Ethereum. Trump earned just over $635 million from his TRUMP meme coin, mostly from royalties tied to Celebration Coins.
Circle's stock price fell over 16% on Tuesday after Open Standard announced Open USD. Open USD is backed by over 140 companies, including Visa, Stripe, Mastercard, BlackRock, and Coinbase. William Blair analysts said the sell-off was an overreaction and reiterated an "Outperform" rating on Circle's stock. Circle CEO Jeremy Allaire said Circle welcomes competition and will continue to expand the USDC ecosystem.
SEC Opens Review of Rules for Crypto and Prediction Market ETFs
The U.S. SEC opened a public comment review on rules for novel ETFs, including crypto funds and prediction market ETFs. The agency is weighing whether current fund registration and listing processes need adjustments. TD Cowen analysts believe the request could potentially lead to rule changes as early as 2027.
Lighter will burn about 15.5 million repurchased LIT and fund staking rewards from its ecosystem token reserve. Lighter targets an initial 6% annualized staking yield. The first burn is set for the weeks after the end of the second quarter.