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A $300M bitcoin investment
plus, Democrats launch a probe into Trump’s crypto empire
Welcome to Fintech Wire — your quick guide to what’s shaping finance and tech today.
What we’ll cover today:
🏛️ Democrats launch a probe into Trump’s crypto empire
🚀 David Bailey’s $300M bitcoin investment firm goes live
👀 Fintech leaders weigh in: Is crypto regulation coming?
Source : Wallpapersden
Democrats in Congress (led by Sen. Richard Blumenthal) are throwing major shade at President Trump’s growing crypto empire. They’re worried his meme coins and stablecoin projects could mess with national security. Meanwhile, Republicans are totally vibing with Trump’s crypto plans, so the Dems are going loud with public complaints.
🚨 Breaking News:
Blumenthal has officially launched a probe into Trump’s crypto ventures, calling them a “potential risk” to the country’s financial system.
⚡ Wire Simplified –
Trump’s running meme coin + stablecoin projects.
Democrats think these coins might be risky for national security.
Blumenthal is leading an early-stage investigation.
Republicans are backing Trump’s crypto hustle.
Right now, Dems are using media pressure (no real legal blocks yet).
✔️ Straight to the Point –
Trump’s crypto dreams just hit a political wall, but unless laws change, it’s more noise than real action (for now).
🎤 Are politicians overreacting about Trump’s crypto? |
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Source : The Economic Times
David Bailey, CEO of BTC Inc. and Trump’s main crypto guy, just secured $300M to launch a publicly traded bitcoin investment company called Nakamoto. Big names (SoftBank vibes) are getting behind it too. His company is jumping into the same space as other bitcoin giants like Jack Mallers' Twenty One.
🚨 Breaking News:
Bailey’s new firm raised $200M in equity and $100M in debt to make Nakamoto a big-time player in public bitcoin investing.
⚡ Wire Simplified –
David Bailey is Trump’s crypto advisor + CEO of BTC Inc.
He’s launching “Nakamoto,” a bitcoin-focused public investment company.
$300M is locked: $200M equity + $100M convertible debt.
Competing with new bitcoin firms like Mallers’ Twenty One.
Shows how crypto’s going mainstream in public markets.
✔️ Straight to the Point –
Bailey’s $300M bet shows bitcoin is no longer just for the internet crowd—it’s breaking into Wall Street’s front door.
Three months from now, AI will pretty much build anything a 4-5 person team can build
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It will be next level, and we are just weeks away
— Bindu Reddy (@bindureddy)
6:52 PM • May 6, 2025
The biggest lie we are all telling ourselves:
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Simply not true. Mass unemployment is coming to sales, marketing, customer support, success.
We have to face reality.
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10:14 PM • May 7, 2025
FinTech Abu Dhabi 2025
Organized by the Abu Dhabi Global Market, this event explores the latest trends, regulatory advancements, and innovations in the FinTech sector.
Date: November 2025 | Location: Abu Dhabi, UAE
European FinTech Summit 2025
This event brings together Europe’s FinTech community to discuss the future of banking, payments, and digital currencies, along with showcasing innovative startups.
Date: June 2025 | Location: Brussels, Belgium
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