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In a Monday evening interview with Larry Kudlow on Fox Business, Senator Tommy Tuberville (R-Ala.) voiced strong support for President Trump’s latest economic agenda, particularly its emphasis on deregulation and access to cryptocurrency. Tuberville, the sitting Senator since 2021, spotlighted his “Freedom’s Act,” a policy that would allow Americans to invest their retirement funds in Bitcoin ( BTC ) and other altcoins . Tuberville introduced his act in 2022 and 2023 but it failed to make any notable progress. He hopes that now with the backing of President Donald Trump his vision can become a reality. “President Trump has become the crypto president and we want to help him with this,” he said. “This would be something good for everybody… diversify. It’s a free country., do what you want with your money. Tuberville contrasted Trump’s crypto-friendly policies with what he described as the Biden administration’s that “didn’t want anything to do with crypto.” The senator linked the pro-crypto stance to Trump’s wider economic vision, which includes deregulation, tax cuts, energy independence, and trade reform. He argued that deregulation through executive orders is a necessary move to counter Democrat opposition and provide Americans “a chance to breathe for once” after four years of being “strangled.” “We have to get this done… if we’ve got to stay up here every night, all through the weekend,” Tuberville said. “American people have to know that the tax cuts are going to be done and done permanently.” As Trump’s “Liberation Day” announcement approaches, Tuberville made it clear: crypto is no longer a fringe issue, rather it’s at the center of the GOP’s economic strategy.

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U.S. President Donald Trump has granted pardons to three co-founders and executives of the cryptocurrency exchange BitMEX. This groundbreaking development comes years after the trio pleaded guilty to financial crimes related to the Bank Secrecy Act (BSA). According to a CNBC report , Arthur Hayes, Benjamin Delo, and Samuel Reed, who co-founded digital asset firm BitMEX, were granted a presidential pardon on Friday, March 28th, 2025 As noted in our previous post, Arthur Hayes and Ben Delo pleaded guilty to violating the Bank Secrecy Act while at BitMEX’s helm. Each agreed to pay $10 million in penalties. Similarly, BitMEX was found guilty of operating without the necessary compliance measures with the right authorities. The trading firm was charged for illegal financial transactions on its platform. In addition, federal prosecutors stated that despite publicly claiming to restrict U.S. users, the exchange continued to serve them during the period it was charged for. A US District Judge pronounced a $100 million fine on the company earlier this year, concluding the case. Likewise, the founders and executives received different sentences, including probation alongside financial penalties. As we covered in our latest report, BitMEX co-founder Arthur Hayes was sentenced to six months of home confinement in May 2022, along with a two-year probation. Delo and Reed also received probation as part of their penance. With President Trump’s pardon, these BitMEX founders are now free from any legal consequences tied to their convictions. Following the presidential pardons, reactions in the digital asset community remain contentious. For example, supporters of the BitMEX executives argue that they were unfairly targeted and that enforcing financial regulations in the cryptocurrency industry has been inconsistent. Other community members believe the charges were necessary to uphold legal standards in digital finance. The US Department of Justice (DoJ) had maintained that BitMEX knowingly failed to comply with financial laws. Officials highlighted that the company’s lack of oversight created opportunities for illegal activities, which could have been prevented with proper policies. The case had been closely watched within the cryptocurrency industry, as it set a precedent for how regulators handle compliance failures in digital asset exchanges. In related news, Hawk Tuah girl Hailey Welch, popular for her connection with the controversial $HAWK token, has been cleared of wrongdoing after a lengthy investigation by the United States Securities and Exchange Commission (SEC). Meanwhile, Under President Donald Trump, regulatory trends around crypto have improved. As we mentioned in our previous news brief, the US SEC has dismissed its case with Ripple Labs, with the firm also closing its counter-appeal. Like Ripple, Coinbase, Uniswap, and Robinhood, among other firms, have also seen their respective legal cases closed.

President Donald Trump reportedly branded April 2nd “Liberation Day,” signaling a major shift in American trade policy effective that date. With characteristic rhetoric and a protectionist stance, Trump plans to roll out sweeping new tariffs aimed at countries perceived as having unfair trade advantages over the United States. This move, foreshadowed by earlier announcements and rising global trade tensions, could redefine America’s engagement in global commerce. As April 2 approaches, businesses and foreign governments brace for aggressive trade actions ostensibly designed to revive US domestic industries and curb long-standing trade deficits. On April 2, dubbed “Liberation Day” by the administration, Trump is expected to implement broad-based tariff hikes. These will likely affect goods from a targeted group of countries identified as the “Dirty 15” – nations reportedly assessed as having the largest trade imbalances with the US. Countries like China, Canada, Mexico, and Germany reportedly top this list. The new tariffs could potentially cover a wide range of goods, from electronics to food products. These measures add to already active tariffs on steel, aluminum, and auto imports imposed earlier in March. Related: Trump’s Tariff Gambit: Will “Liberation Day” for US Trigger Gold Surge & Bitcoin Rebound? Besides targeting entire nations, the administration will reportedly also focus on key industrial sectors like pharmaceuticals, semiconductors, and lumber. Trump’s trade office has also proposed steep port entry fees specifically on Chinese-built ships, potentially reaching up to $1.5 million per vessel. This aims to curb China’s maritime industry influence and stimulate US shipbuilding. President Trump has also hinted previously at implementing a universal basic tariff system. Such a system would impose duties on nearly all imported goods, regardless of their origin. If enacted, this would mark a dramatic departure from decades of established US free trade policy. Foreign governments are already preparing to respond. China, for example, has implemented counter-tariffs on some US agricultural products. The European Union is considering its own retaliatory measures, potentially targeting American goods like whiskey and motorcycles. Canada has introduced tariffs on certain US steel and tech products, while Mexico plans a comprehensive response soon. Also, the Trump administration recently launched new trade investigations into industries such as copper and lumber. These could result in further tariffs later this year. Analysts broadly warn that these escalating trade actions, while aimed at boosting domestic production, may instead spark higher inflation and disrupt global supply chains. Despite some expressed opposition from certain business groups and economic advisors, President Trump remains unwavering on this protectionist path. Related: China’s Tariff Retaliation Drags Altcoin Prices Down; ETH Eyes $2.2K–$2.5K For his administration, April 2nd’s “Liberation Day” apparently represents more than just a policy shift – it’s framed internally as a symbolic reclaiming of American industrial strength. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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