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#VietnamCryptoPolicy Prime Minister Pham Minh Chinh has ordered the Ministry of Finance and the State Bank of Vietnam to draft a legal framework on cryptocurrencies within this month. The finance ministry needs to spearhead the project to draft proposed policies on managing digital assets and cryptos, he said in a directive Saturday. $BTC #BombieBinanceTGE

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#TrumpBTCTreasury Donald Trump has disclosed almost $60mn in income from one of his cryptocurrency ventures, highlighting how the US president has benefited from his embrace of the digital asset industry. Trump on Friday reported income of $57.4mn derived from his involvement with World Liberty Financial, a cryptocurrency group he backs with his sons Donald Jr and Eric. The more than 200-page filing, published by the US Office of Government Ethics, an ethics watchdog, shows that Trump holds 15.75bn governance tokens — which provide him with voting rights — in the World Liberty Financial venture. Trump has also repeatedly touted his own $TRUMP memecoin on social media — and last month hosted a gala dinner for its biggest holders. The Trump family media company last week said it hoped to launch its own exchange traded fund that would directly hold bitcoin, and in May said it would raise $2.5bn to create a “bitcoin treasury”. $BTC

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$BTC Bitcoin is a decentralized cryptocurrency originally described in a 2008 white paper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009. Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.” Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.

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#TrumpBTCTreasury 🇺🇲🇧🇩 Trump Media and Technology Group (TMTG), the company that owns US President Donald Trump’s Truth Social platform and is partially owned by the president, has received approval from the US Securities and Exchange Commission (SEC) for its registration statement tied to its $2.3 billion Bitcoin treasury deal. The SEC filing said that, as part of its Bitcoin treasury plan, TMTG registered the resale of approximately 56 million shares and 29 million more tied to convertible notes as part of debt and equity agreements with around 50 investors, which yielded $2.3 billion. Although the registration statement includes a universal shelf to give TMTG “greater flexibility” for future growth plans, the company currently has “no immediate plans” to issue any securities under it. $BTC

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