USA | ForkLog - Part 19

ForkLog 10 14.05.2025

Inca Digital to Monitor America’s First State-Issued Stablecoin

The Wyoming Stable Token Commission has partnered with analytics firm Inca Digital to monitor transactions of the “first state-issued stablecoin,” WYST. We’re partnering with The Wyoming Stable Token Comission to support WYST, the first fully-reserved, fiat-backed stable token issued by a U.S. public entity. We’ll be working with @wyostable to ensure that WYST operates with […]

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ForkLog 43 14.05.2025

US Senators Urge Reassessment of Tax on Unrealized Crypto Gains

US Senators Cynthia Lummis and Bernie Moreno have called on the Treasury to exclude unrealized cryptocurrency gains from corporate tax calculations. Our edge in digital finance is at risk if U.S. companies are taxed more than foreign competitors. @berniemoreno & I urged the @USTreasury to lift an unintended tax burden on U.S. digital asset companies. […]

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ForkLog 8 13.05.2025

Arizona Governor Rejects ‘Risky’ Cryptocurrency Bills

Arizona Governor Katie Hobbs vetoed two cryptocurrency-related bills, labeling them as ‘too risky’. The first rejected bill proposed the creation of a reserve fund from confiscated digital assets. Hobbs noted that she had already signed a law allowing the state to use cryptocurrency without risking the main budget. She stated that market volatility makes such […]

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ForkLog 30 13.05.2025

Donald Trump Jr. Denies Launch of Truth Social Memecoin

Donald Trump Jr. has dismissed rumors regarding the launch of a memecoin by the Truth Social platform, labeling the information as “lies spread by people.” There’s no truth whatsoever about Truth Social launching a memecoin. Don’t be fooled by false information people are circulating. https://t.co/rbmcoT1tB3 pic.twitter.com/VDOEd8cqGr — Donald Trump Jr. (@DonaldJTrumpJr) May 12, 2025 The […]

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ForkLog 17 13.05.2025

Winners of the ‘TRUMP Competition’ to Undergo Checks Before Dinner with Trump

The team behind the TRUMP meme coin, associated with Donald Trump, has announced the conclusion of a competition for token holders. To confirm participation, they must undergo background checks. The First $TRUMP Competition is officially over! Details and what’s next for $TRUMP Below: If you were in the top 220 on the leaderboard, check the […]

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ForkLog 22 12.05.2025

David Bailey’s Firm Secures $710 Million for Bitcoin Treasury Initiative

Nakamoto Holdings has announced a merger with medical provider KindlyMD (Nasdaq: KDLY), which will establish a reserve of the leading cryptocurrency. BREAKING: David Bailey and holding company Nakamoto raises $710 million and announces merger with KindlyMD to establish #Bitcoin Treasury. pic.twitter.com/eCuJfemaQh — Bitcoin Magazine (@BitcoinMagazine) May 12, 2025 The deal involves raising $710 million: $510 […]

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ForkLog 38 12.05.2025

Insider Reveals Launch Timeline for Truth Social’s Memecoin

The “funny coin” of former U.S. President Donald Trump’s social network, Truth Social, is set to launch within the next three days, according to Ran Neuner, founder of Crypto Banter and host of Crypto Trader on CNBC. Truth Social Memecoin launching in next 72 hours. Seems like similar gang to $TRUMP team. Keep your eyes […]

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ForkLog 21 12.05.2025

US Senators Propose Ban on Cryptocurrency Promotion by Government Officials

Twenty Democratic senators in the United States have introduced a bill prohibiting the president, vice president, members of Congress, and their families from issuing or promoting cryptocurrencies. The initiative, titled the “End Crypto Corruption Act — 2025,” also targets executive branch employees, including Elon Musk, who heads the Department of Government Efficiency (DOGE). The document […]

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ForkLog 29 11.05.2025

Teenagers in Las Vegas Accused of Kidnapping and Robbing Crypto Investor

Three teenagers in the United States have been charged with kidnapping, extortion, and stealing crypto assets worth $4 million, according to local outlet 8 News Now. Authorities have arrested two of the alleged perpetrators, both 16-year-old residents of Florida. It is reported that a court had previously recognized the youths as adults. The third participant […]

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ForkLog 15 10.05.2025

Coinbase Abandons Strategy Approach Due to Risks

Over the years, Coinbase considered investing a significant portion of its reserves in Bitcoin, following the example of Strategy. However, the idea was abandoned due to risks, reports Bloomberg, citing the co-founder and head of the firm, Brian Armstrong. “Over the last 12 years, there were definitely moments when we thought: ‘Should we invest 80% […]

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ForkLog 25 10.05.2025

Prosecutors Refuse to Drop Case Against Samourai Wallet Developers

Prosecutors in the case against the anonymous cryptocurrency wallet Samourai Wallet have dismissed the defense’s accusations of concealing crucial information and have refused to withdraw the lawsuit, prolonging the ongoing legal battle. This was reported by Zack Shapiro, Head of Policy at the Bitcoin Policy Institute. Further Update: @SDNYnews declines to drop charges against Samourai […]

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ForkLog 15 10.05.2025

Elizabeth Warren Opposes Stablecoins from Major Corporations

The GENIUS Act requires revision to prevent corporations from “issuing their own money,” stated U.S. Senate Banking Committee member Elizabeth Warren in a comment to CoinDesk. “The Senate must amend GENIUS to prohibit large tech companies and other commercial giants from owning or being affiliated with stablecoin companies,” she noted. The bill failed to pass […]

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