Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Changpeng Zhao has responded forcefully to The Wall Street Journal’s latest report linking the former Binance CEO’s crypto dealings with the Trump-back decentralized finance platform World Liberty Financial, United States Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger said crypto perpetual futures could soon come to the US, and lawmakers plan to amend the GENIUS Act to bar sitting presidents from profiting off stablecoins.
Binance co-founder and former CEO Changpeng “CZ” Zhao has pushed back against a report in The Wall Street Journal, calling it a “hit piece” filled with inaccuracies and negative assumptions.
In an X post, Zhao criticized the publication’s portrayal of his alleged involvement with World Liberty Financial, the decentralized finance project backed by a business entity affiliated with US President Donald Trump. Trump’s sons — Eric and Donald Jr. —are involved in the management of the company.
