Daily recap — May 20

Lead stories

Donald Trump signed an executive order aimed at bringing crypto companies closer to the traditional financial system — from banking licenses to access to payment infrastructure.

In Turkey, more than 670 people were detained within 8 days in cases related to illegal betting, and crypto once again surfaced in the investigations.

Truth Social, owned by the Trump family, withdrew its application for a spot Bitcoin ETF.

A 43-year-old resident of Voronezh wanted to earn 20% monthly returns from crypto, but instead handed nearly 10,000,000 rubles to scammers.

The Ministry of Finance of Russia once again made it clear that it does not plan to ban crypto — instead, authorities want to integrate it into the financial system alongside traditional markets and digital financial assets (DFAs).

GitHub was hacked — attackers gained access to 3,800 internal company repositories through an infected extension installed on an employee’s computer.

Banks will begin more strictly monitoring accounts of Russian citizens with annual turnover above 2,400,000 rubles — such transfers may be checked and frozen more frequently.

Trump received what some are calling a “tax shield from God” — the U.S. Department of Justice prohibited the Internal Revenue Service from conducting investigations against him, his family, and his companies.

Americans were detained in Japan after entering a macaque enclosure to generate hype around a shitcoin on the Solana network.

USDT on the TRON network has become the main “fuel” of the $442 billion shadow online economy — according to estimates from Elliptic, the stable-value currency is used to pay for fake investment platforms, databases, SIM cards, and money laundering services.

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