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Argentine lawyers filed fraud complaints against President Javier Milei in criminal court on Sunday for promoting a cryptocurrency on his social media, one of the lawyers told The Associated Press. On Friday, Milei posted on X about $LIBRA, a coin that he said was aimed at “encouraging economic growth by funding small businesses and startups.” The coin, developed by KIP Protocol and Hayden Davis, could be obtained by accessing a link that directed users to a website called vivalalibertadproject.com, referring to the well-known phrase with which Milei closes speeches and messages on his social media.

President Trump has been back in the White House for less than a month. Yet many of the most popular “Trump trades” have already seen their momentum wane, while Chinese and European stocks — which had struggled in the aftermath of his electoral victory — are racing ahead.

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Investing in Bitcoin is a bit risky, considering that real-world uses for the digital token are still limited, and its price can be very volatile. If you're bullish on Bitcoin's long-term prospects, here are two ETFs that are a great place to put $100. The iShares Bitcoin Trust (NASDAQ: IBIT) was one of the first Bitcoin ETFs to launch last year, and it has quickly become one of the most popular among investors.

(Bloomberg) -- President Javier Milei advertised a crypto token he said was meant to help local Argentine businesses, but his support was met with widespread concern about a potential scam and he deleted the post. Most Read from BloombergProgressive Portland Plots a ComebackWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisWhy American Mobility Ground to a HaltA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CityMilei initially promoted the

Some of the largest U.S. banks are evaluating moves into crypto services for big funds, investors and traders in order to take advantage of loosening regulations under the Trump administration, The Information’s Yueqi Yang reports, citing people familiar with the matter. State Street (STT) expects to unveil digital asset custody next year, while BNY (BK) already has a small custody operation for bitcoin (BTC) and ether (ETH) with plans to expand to more tokens. Additionally, Citi (C) has also be

Michael Saylor agrees with projections that MicroStrategy’s market cap could reach $10 trillion if Bitcoin hits $13 million.