A World Liberty Financial co-founder recently revealed MGX has decided to use the crypto firm's USD1 stablecoin to make an investment into Binance. MGX's investment will total $2 billion.

Three major Abu Dhabi entities, including a sovereign wealth fund, plan to launch a stablecoin fully regulated by the central bank of the United Arab Emirates and backed by the dirham, a move that could speed the Persian Gulf nation’s efforts to adopt digital currencies and facilitate payments.

Sen. Chris Murphy called the president's crypto scheming the "biggest corruption scandal in the history of the American presidency"