Foreign
Bitcoin will be mined, minted, made in US, Trump woos crypto community
By Francesca Hangeior.
Donald Trump, once a cryptocurrency sceptic, has vowed to be a “pro-bitcoin president” if elected in November.
The Republican nominee is seeking support from an industry frustrated by US regulations.
“The Biden-Harris administration’s repression of crypto and bitcoin is wrong, and it’s very bad for our country,” Trump said to cheers at a conference in Tennessee.
The ex-president likened cryptocurrencies to the growth of the “steel industry of 100 years ago”, and said, “Bitcoin stands for freedom, sovereignty and independence from government coercion and control.”
Trump said if he was in the White House, he would not allow the US government to sell its bitcoin holdings.
“This will serve in effect as the core of the strategic national bitcoin stockpile,” Trump said.
The proposal was more limited than one offered the day before by longshot third-party candidate Robert F. Kennedy Jr., who said he would seek to build a stockpile of 4 million bitcoins.
“If we don’t embrace crypto and bitcoin technology, China will, other countries will, they’ll dominate, and we cannot let China dominate,” Trump said Saturday.
“If crypto is going to define the future, I want it to be mined, minted and made in the USA.”
Acknowledging the price of electricity as a key factor in where cryptocurrency mining operations are located, Trump vowed to make US energy the cheapest “of any nation on Earth” by increasing fossil fuel production and nuclear energy.
“We’ll be doing it in an environmentally friendly way, but we will be creating so much electricity that you’ll be saying, ‘please, please, Mr President, we don’t want any more electricity.’”
He said on his first day in office, he would fire Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC), a frequent target of cryptocurrency industry outrage over his cautiously slow approach to implementing regulations.
The crowd roared with approval at the proposal, prompting Trump to joke: “I didn’t know he was that unpopular.”
“Let me say it again. On day one, I will fire Gary Gensler!” he said, with the crowd erupting again.
He also targeted Vice President Kamala Harris, who is set to replace Biden atop the Democratic ticket following the 81-year-old president’s shock exit from the campaign.
“We have to fight and we have to win, and I pledge to the bitcoin community that the day I take the oath of office, Joe Biden, Kamala Harris’s anti-crypto crusade will be over, it will end, it’ll be done,” Trump told the crowd.
“You’re going to be very happy with me.”
The 100-day sprint to the US election began Sunday, the final act of a campaign transformed by an assassination attempt and the stunning exit of President Joe Biden.
After weeks of infighting and despondency over Biden’s candidacy, Democrats have consolidated behind Vice President Kamala Harris, radically reshaping the race to November 5 which was fast becoming Republican nominee Donald Trump’s to lose.
Harris’s candidacy has clearly reinvigorated her party’s campaign, which said Sunday it had raised $200 million – mostly from first-time donors – since Biden dropped out and endorsed his vice president a week ago.
A new Wall Street Journal poll showed Harris had closed Biden’s six-point deficit with Trump to just two points – well within the margin of error – with boosted support from Black, Latino and young voters.
But Republican pollster David Lee, who conducted the Journal survey, cautioned Democrats not to get carried away by the race tightening.
“Donald Trump is in a far better position in this election when compared to a similar time in the 2020 election,” Lee said.
If the race is at a dead heat nationally, the advantage still lies with Trump given the mathematics of the Electoral College system for electing the president.
Trump’s 2016 victory over Hillary Clinton came despite losing the nationwide popular vote by nearly three million ballots.
Foreign
Trump Extends Ceasefire To Give Iran More Time To Negotiate
President Donald Trump on Tuesday said he was extending a ceasefire with Iran to give more time for negotiations but would maintain a US naval blockade of the country’s ports.
Trump posted on social media that he would “extend the ceasefire” until Iran came up with a proposal to end the conflict. However, he “directed our military to continue the blockade.”
Trump’s ceasefire extension came hours before it was believed to be set to expire.
It also came as the White House said Vice President JD Vance would not be going to Pakistan for what had been expected to be a second round of peace talks.
“The trip to Pakistan will not be happening today. Any further updates on in-person meetings will be announced by the White House,” a White House official said in a statement.
The US president cast the breakdown in more talks as resulting from Iranian infighting, adding that Pakistan’s leaders had asked him to extend the truce.
“Based on the fact that the government of Iran is seriously fractured, not unexpectedly so and, upon the request of Field Marshal Asim Munir, and Prime Minister Shehbaz Sharif, of Pakistan, we have been asked to hold our attack on the country of Iran until their leaders and representatives can come up with a unified proposal,” Trump posted on his Truth Social site.
But the blockade of ports on Iran’s coast in the Strait of Hormuz will remain in place, Trump said, while the US military will “in all other respects, remain ready and able.”
The ceasefire, he said, will be extended “until such time as their proposal is submitted, and discussions are concluded, one way or the other.”
Foreign
Iranian arrested in US for trafficking drones, bombs to Sudan
US federal prosecutors said Sunday an Iranian national was arrested at Los Angeles International Airport for allegedly trafficking arms to Sudan on behalf of Tehran.
Shamim Mafi, 44, is charged with “brokering the sale of drones, bombs, bomb fuses and millions of rounds of ammunition manufactured by Iran and sold to Sudan,” US Attorney Bill Essayli wrote in an X post.
A resident of the Los Angeles suburb of Woodland Hills, Mafi “is an Iranian national who became a lawful permanent resident of the United States in 2016,” the prosecutor said.
Mafi was arrested Saturday and faces a maximum sentence of 20 years in federal prison if convicted.
The post was accompanied by images of a woman presumed to be Mafi surrounded by federal agents at the airport, a large drone on a tarmac, a woman’s ID image and bundles of cash.
The United Nations recently warned that Sudan is at risk of slipping into “full-scale famine and collapse,” as the war between the army and the paramilitary Rapid Support Forces (RSF) enters its fourth year.
The UN Sudan chief, Denise Brown, told AFP Thursday that Sudan is facing the world’s largest humanitarian crisis, and weapons from outside sources deserve part of the blame.
The UN has repeatedly called on foreign powers to stop fueling the war, but has not accused specific states.
On one side, the Sudanese army has been backed by Egypt and Saudi Arabia, and deployed Turkish and Iranian-made drones.
However, most of the blame has been pointed at the United Arab Emirates, which denies evidence that it has funnelled arms to the RSF, who have been accused of genocide.
AFP
Foreign
Trump Says Iran Agrees To Hand Over Nuclear Dust Amid Strait of Hormuz Blockade
United States President Donald Trump has claimed that Iran has agreed to hand over its remaining stockpile of enriched uranium and abandon ambitions for a nuclear weapon, describing negotiations as being on the verge of a major breakthrough.
Speaking to reporters at the White House on Thursday before departing for Las Vegas, Trump said: “We’re very close to making a deal with Iran. We had to make sure that Iran never gets a nuclear weapon… They’ve totally agreed to that. They’ve agreed to almost everything.”
He added that Iran had consented to return its enriched uranium, which he has repeatedly called “nuclear dust”, material believed to be buried deep underground following earlier U.S. and Israeli strikes on Iranian nuclear facilities.
“They’ve agreed to give us back the nuclear dust,” Trump stated. He also suggested that the next round of talks could take place over the weekend and expressed uncertainty about whether the current fragile ceasefire would need extension.
The comments come amid efforts to end six weeks of conflict in the Middle East that has disrupted global energy supplies and raised fears over the Strait of Hormuz, a vital chokepoint for oil exports.
However, Iran has not publicly confirmed Trump’s assertions. Multiple reports indicate that Tehran has previously pushed back against similar claims, describing them as exaggerated.
Recent direct talks in Islamabad on April 11-12 collapsed without agreement, with core disputes remaining over the future of uranium enrichment inside Iran and the removal of existing stockpiles.
The White House has been discussing a possible second round of negotiations in Pakistan, with officials expressing optimism.
A U.S. naval blockade of Iranian ports remains in place, adding pressure on Tehran.
Analysts caution that any final deal would require strict verification mechanisms, especially given the deeply buried nature of the material in question.
For Nigeria and other oil-producing nations, progress toward de-escalation could help stabilise crude prices, which have spiked due to fears of prolonged disruption in the Strait of Hormuz.
A lasting agreement might also open the door for sanctions relief on Iran, potentially shifting global energy dynamics.
Trump has maintained that preventing Iran from acquiring nuclear weapons is a non-negotiable red line, while offering the prospect of broader regional stability in return for Iranian concessions.
No immediate reaction from Iranian officials was available as of press time. Further developments are expected in the coming days as diplomatic channels continue.
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