Tagged: donald trump

Former President Donald Trump No Fan of a CBDC

Donald Trump touched on the topic of Central Bank Digital Currency (CBDCs) recently, and he is no fan of the concept. A digital dollar is being discussed at the US Federal Reserve and on  Capitol Hill in general. The Fed has been partnering with MIT… Read More

Stripe Reportedly Will No Longer Process Payments for the President Trump’s Campaign Website Following Capitol Building Incident

  Following the tragic event at the Capitol Building last Wednesday, U.S.-based fintech Stripe has reportedly stopped processing payments for President Donald Trump’s campaign website. According to WSJ, a source close to the situation stated that Stripe is cutting off the campaign account for violating… Read More

President Trump Signs Executive Order to Ban US Transactions with Chinese Fintech Apps like Alipay, Tencent’s Digital Wallets

US President Donald Trump has signed an order that aims to place a ban on US transactions with eight major Chinese apps – which reportedly includes Ant Group’s Alipay and Tencent Holdings’ online wallets. Notably, this order has arrived just days before the Trump administration… Read More

Former President Trump Advisor Jason Greenblatt Joins OurCrowd as a Partner, Aims to Build Ties in Middle East Region

Following a well-received presentation at the OurCrowd Global Investor Summit held earlier this month, Jason Greenblatt, a former advisor to President Donald Trump, is joining the crowdfunding platform as a Partner building ties in the Middle East region. Greenblatt was previously an Assistant to the… Read More

Comments on President Trump’s Tweets on Bitcoin & Libra: “Mr. Trump appears confused by what a currency is”

Crowdfund Insider has received multiple comments on President Trump’s latest policy by Twitter approach to governing the US and his thoughts on cryptocurrency. As was previously reported, President Trump is no fan of Facebook’s Libra, as well as other cryptos. Trump believes that Facebook needs… Read More

President Trump Tweets About Bitcoin & Facebook’s Libra: “We only have one real currency in the USA … It is called the United States Dollar!”

President Trump has shared his perspective on crypto, and, more specifically, Bitcoin and Facebook’s stablecoin Libra. In a series of tweets yesterday, Trump professed his commitment to a strong US dollar and his disdain for the virtual currencies. Trump said we only have one real… Read More

What Does Control of the House by Democrats Mean for Fintech Innovation & Small Business in General?

Washington DC Capitol At Night Red Light

Yesterday, mid-term elections took place in the US and while the Republicans maintained control of the Senate, the House of Representatives moved over to the Democrats. This split government means that an already divisive, and at times excessively acrimonious, political environment will get even more… Read More

President Trump: It’s High Time for a few More Tweets to SEC Chairman Jay Clayton

President Trump:  It’s High Time for a few More Tweets to SEC Chairman Jay Clayton Any good litigator can tell you that the difference between success and failure is often the ability to ask the right questions – at the right times – and asking… Read More

SEC Chair Jay Clayton Comments on New Presidential Task Force on Market Integrity and Consumer Fraud, Points to Risk of Initial Coin Offerings

Securities and Exchange Commission Chair Jay Clayton has posted remarks on the establishment of the “Task Force on Market Integrity and Consumer Fraud.” The Task Force was announced today as an Executive Action by President Donald Trump. Clayton said he believes “cyber threats present some of… Read More

Cambridge Analytica Director Visited Julian Assange, Donated Crypto to Wikileaks

The Guardian Newspaper has reported that Brittany Kaiser, a director at Cambridge Analytica, a data firm tied to election interference across the globe, told friends that she visited Julian Assange at the Ecuadorian embassy in February 2017 to discuss the outcome of the 2016 US… Read More

Venezuela Offers India Discount on Crude Oil- Must Pay in Petro Cryptocurrency

In what is likely a combined attempt to sidestep US sanctions and compete with Middle East oil suppliers, Venezuela has offered India a 30% discount on crude oil if the country pays for the oil in El Petro, Venezuela’s controversial new cryptocurrency, says Business Standard. Venezuala… Read More

President Trump Signs Executive Order to Ban Venezuela’s Petro Cryptocurrency

Less than two months after Venezuela issued a white paper on its proposed cryptocurrency, Petro, President Trump has signed an executive order that bans the controversial cryptocurrency. As previously reported, Petro’s background dates back to “proposals for global financial and monetary coordination prior to the hegemony… Read More

The Top Ten Fintech Predictions for 2018

Last year, I boldly predicted 10 Fintech movements that will take place as Earth makes another perfect rotation around our Sun. It’s always fun to look back and see how wrong I was, so let’s stump the chump! Here are my original predictions. Let’s score… Read More

Richard Cordray Tells CFPB Staff Leandra English is Acting Director. President Trump Appoints OMB Director Mick Mulvaney as Acting Director. So Who Wins ?

The Consumer Financial Protection Bureau (CFPB) has endured a stormy odyssey in its short tenure as the newest federal bureaucracy in Washgton, DC. Yesterday, the storm strengthened as outgoing Director Richard Cordray selected Leandra English to lead the CFPB as Acting Director. In a one-two punch,… Read More

Update: Mark Hamill Supports #BuyTwitter & #BanTrump GoFundMe Campaign

Less than a week after former undercover CIA operations agent Valerie Plame Wilson launched a crowdfunding campaign on GoFundMe to purchase Twitter for $1 billion in order to get President Trump off the social media platform, Star Wars star Mark Hamill announced his support for the initiative. As previously… Read More

China: WeiyangX Fintech Review

Financial Technology Becomes a New Spotlight of the Belt and Road Initiative Belt and Road Forum for International Cooperation, also known as the Belt and Road Initiative, was held in Beijing on May 14-15. President Xi Jinping highlighted the role that financial technology has played… Read More

Kickstarter Pulls the Plug on Trump Troll Doll Campaign Over Intellectual Property Dispute

Less than a week until its hilarious Kickstarter campaign was set to close, Chuck Williams’ Naked Trump Troll Doll project was pulled by the crowdfunding platform over an intellectual property dispute. As previously reported, the Trump Troll Doll surfaced on Kickstarter last month, seeking $30,000…. Read More

Bigly: Naked Donald Trump Troll Doll Scores Over $300,000 on Kickstarter

Wisconsin-based artist Chuck Williams has launched a crowdfunding campaign on Kickstarter to bring his already famous Donald Trump-inspired naked troll doll to the market. Originally seeking $38,000, the initiative has secured well over $300,000 from nearly 8,100 backers. While sharing details about the project, Williams,… Read More

Here is the Most Recent Executive Order from President Trump Addressing Regulatory Reform

President Donald Trump has been flexing the power of his office by enacting multiple Executive Orders (EO). The most recent from the Trump administration is, once again, addressing regulatory reform.  Trump has signed two other EOs tackling regulations that may impact the financial services sector…. Read More

IW Capital’s 2017 Investor Index Reveals: Nearly Half of UK Investors Positive about Brexit, Two Fifths Fearful of Trump and 73% Lack Faith in Theresa May

UK-based private equity firm, IW Capital, announced on Thursday the release of its 2017 investor index. This new report reveals the impact of 2016’s biggest events, which consists of Brexit, Donald Trump’s U.S. Presidential win, and Theresa May. According to IW Capital, the new research… Read More