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, World Liberty Financial faces House probe over a $500 million investment linked to an Abu Dhabi royal, crypto companies are reportedly floating concessions to get the market structure bill moving and US Treasury Secretary Scott Bessent said the government will not bail out Bitcoin or the broader crypto market during downturns.
World Liberty Financial (WLFI), a crypto company linked to US President Donald Trump’s family, is facing scrutiny from House Democrats over a reported $500 million investment by an entity linked to an Abu Dhabi royal in the UAE.
California Representative Ro Khanna, a Democrat who has criticized public officials’ exposure to the crypto market, said on X on Thursday that he has launched an investigation into the UAE investment in WLFI.
