A 12-foot golden statue of former US President Donald Trump holding a Bitcoin was unveiled outside the US Capitol, coinciding with the Federal Reserve’s 25-basis-point interest rate cut. Funded by crypto investors, the installation aims to spark debate on the intersection of politics, cryptocurrency, and monetary policy.
The UAE is set to launch the Digital Dirham by late 2025 — a blockchain-powered central bank digital currency (CBDC) that will revolutionize everything from daily payments to international remittances. Backed by law and part of the country’s FIT (Financial Infrastructure Transformation) program, the Digital Dirham aims to make money transfers faster, safer, and more accessible for all residents.
