📢 U.S. News 🇺🇸 | Economy, Crypto & Politics
The United States is once again at the center of major economic and political developments. Donald Trump has stated that the U.S. has “full control” of the Strait of Hormuz and intends to maintain that control.
In the crypto sector, the SEC is preparing a proposal to establish an “innovation exemption”, which could pave the way for 24/7 trading of tokenized stocks on blockchain networks.
Meanwhile, Trump is facing a lawsuit over allegedly selling early access to his posts on Truth Social for $100,000 per month. Iran has also called for an investigation into allegations of insider trading and stock-market manipulation involving Trump and his family.
On the economic front, the U.S. budget deficit has risen to $432 billion, its highest level in five years and 48% higher than the same period last year.