President Trump signed an executive order establishing a national Strategic Bitcoin Reserve and a Digital Asset Stockpile, marking a shift in U.S. crypto policy. The reserve will hold seized bitcoin as a financial safety net, with plans to add assets seized in criminal cases. The move has sparked debates on its implications, with experts highlighting the potential impact on the crypto market and government oversight of digital assets.
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Walmart to pay $10 million to settle lawsuit over money transfer fraud
Walmart has agreed to pay $10 million to settle a Federal Trade Commission lawsuit accusing it of overlooking fraud involving its money transfer services, which scammers exploited to steal from consumers. The settlement, pending approval from U.S. District Judge Manish Shah, requires Walmart to halt processing suspected fraudulent transfers and comes after the FTC highlighted various scam schemes targeting victims. Need More Context? 🔎
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