JUST IN: 🇺🇸 US Congressman Patrick McHenry says stablecoins are a pillar of our 21st century payments system.

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JUST IN: PayPal’s stablecoin $PYUSD is backed by US dollar deposits, short-term Treasury bills, and cash equivalents.

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JUST IN: PayPal launches crypto stablecoin.

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JUST IN: Elon Musk says his fight against Mark Zuckerberg will be live-streamed on X (Twitter), and "all proceeds will go to charity for veterans."

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JUST IN: 🇺🇸 President Trump says he will end expansion of 87,000 IRS agents that are trying to "take your money & destroy your lives" if elected in 2024.

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JUST IN: Elon Musk says X will "never" launch a crypto token.

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JUST IN: JPMorgan says they no longer expect a recession.

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JUST IN: Coinbase says they "expect to win" their legal battle against the SEC.

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JUST IN: Coinbase says the SEC has no authority to pursue its lawsuit.

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JUST IN: 🇧🇷 Brazil's President calls to end the US dollar's trade dominance.

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JUST IN: X seeks to hire a financial data company to build an in-app trading hub, Semafor reports.

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JUST IN: 🇺🇸 President Biden's administration asked Facebook to change its algorithm in effort to control speech.

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JUST IN: JPMorgan CEO says we have "the best economy the world has ever seen."

EXCLUSIVE: Brazil, Russia, India, China & South Africa (BRICS) to settle global trade in local currency, ditching the US dollar.

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JUST IN: 🇺🇸 US Congressman Warren Davidson says Bitcoin and crypto "self-custody is essential to defending freedom."

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JUST IN: Binance reaches 150 million registered users, CEO says.

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JUST IN: BRICS to announce memberships of new nations at summit, citing major shift in global order.

Countries that have formally applied to join the alliance:

🇦🇪 United Arab Emirates
🇸🇦 Saudi Arabia
🇧🇩 Bangladesh
🇻🇪 Venezuela
🇦🇷 Argentina
🇮🇩 Indonesia
🇪🇹 Ethiopia
🇧🇭 Bahrain
🇲🇽 Mexico
🇳🇬 Nigeria
🇩🇿 Algeria
🇪🇬 Egypt
🇮🇷 Iran

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JUST IN: 🇺🇸 US Government is considering fraud charges against Binance, Semafor reports.

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JUST IN: Sam Bankman-Fried says being put in jail violates his "free speech right."

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JUST IN: Goldman Sachs analyst found dead in New York City creek.

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