US Interior Secretary: The Trump administration discussed intervening in oil prices through crude oil futures, but it is unclear whether it has actually intervened.

PANews reported on September 19th that, according to CoinDesk , the U.S. Treasury Department has officially launched the process of converting the GENIUS Act into stablecoin regulatory rules, opening a one-month public comment period. This advance notice of proposed rulemaking covers issues such as issuer restrictions, sanctions compliance, anti-money laundering, tax treatment, and federal-state regulatory coordination. The Treasury Department is requesting industry and public feedback on specific issues, including custody of reserve assets and regulation of stablecoins for overseas payments. The GENIUS Act is the first crypto legislation in the United States and will subsequently spur broader industry regulatory legislation.

The post Eric Trump Says Banks Tried to Shut Him Out – Turns to Bitcoin Instead appeared on BitcoinEthereumNews.com. Bitcoin 18 September 2025 | 10:05 Eric Trump, co-founder of American Bitcoin and son of U.S. President Donald Trump, has revealed that he holds a significant personal stake in the crypto company and has no intention of selling. Trump said his ownership amounts to roughly 7.5% of shares and emphasized that both he and the board are committed to keeping their holdings locked in for the long term. According to Trump, the move reflects not only loyalty to the firm but also resistance to pressure from traditional financial institutions. He claimed that major U.S. banks have repeatedly tried to restrict his access to financial services, including efforts by Capital One, JPMorgan, and Bank of America. “They tried to shut us out of the system,” he said, describing the experience as the turning point that convinced him of crypto’s advantages. Trump argued that blockchain-based systems allow transactions to be handled “faster, cheaper, and more transparently” than legacy banking. He framed his support for American Bitcoin as both a business decision and a statement against what he called an ongoing “de-banking” campaign targeting the Trump Organization and its affiliates. By underscoring his commitment, Trump signaled that he views cryptocurrency not just as a financial instrument but as a defense against the limitations of traditional finance. His comments also echo a broader narrative that digital assets are becoming an alternative for those who feel sidelined by conventional institutions. The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Author Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience…

The post Tim Draper’s Stark Prediction As Fiat Trust Plummets appeared on BitcoinEthereumNews.com. Bitcoin Adoption: Tim Draper’s Stark Prediction As Fiat Trust