Belarus President Aleksandr Lukashenko pressed his government to introduce tougher regulation for the crypto industry, local media reported on Sept. 5.

According to the report, Lukashenko warned that lax oversight was undermining investor security and the state’s economic interests.

The President delivered the rebuke during a high-level government conference after a state audit found that about half of all citizen investments sent to foreign crypto platforms fail to return.

The inspection, carried out by the State Control Committee, also uncovered violations in how domestic platforms register financial operations.

Push for regulatory overhaul

The President said he had ordered a comprehensive framework for digital tokens and crypto as far back as 2023, but no binding legislation has reached his desk until now. The country has also initiated plans to create a central bank digital currency tied to the Russian ruble.

He criticized the government for allowing “digital life” to outpace the law, urging officials to finalize regulations that guarantee financial stability while protecting investors.

The Crypto Investor Blueprint: A 5-Day Course On Bagholding, Insider Front-Runs, and Missing Alpha

Nice Your first lesson is on the way.

Please add [email protected] to your email whitelist.

Currently, digital asset activity in Belarus falls under the Hi-Tech Park, a special economic zone governed by Ordinance No. 8. The framework, introduced to foster the country’s IT sector, sets the legal foundation for token creation and trading.

Lukashenko acknowledged the framework but said it was insufficient and signalled that traditional state agencies would soon play a larger role in the sector’s oversight.

Balancing security and investment

The measures Lukashenko outlined focus on creating transparent rules for market participants, including safeguards that ensure funds remain within the country.

At the same time, he stressed the importance of allowing legitimate local businesses and foreign investors to continue operating in what he called Belarus’ “digital haven.”

The government has not yet released a timetable for when new regulations will be enacted, but Lukashenko’s ultimatum indicates that the crypto industry in Belarus is likely to face a sharp increase in state scrutiny in the months ahead.

Polymarket contracts price less than a 1% chance that President Donald Trump will resign today, as traders position into a 2 P.M. ET Oval Office announcement reported by multiple outlets citing a White House advisory.

The Oval Office announced the planned appearance, though the topic was not disclosed. According to his schedule, Trump spent Labor Day golfing with no public appearances, and his day ended at 5:39 P.M. ET.

Trading around Trump’s tenure and health has drawn sizable volume. As of early afternoon on Sept. 2, a same-day “resign today” market on Polymarket showed <1% odds with roughly $1 million traded, based on live market boards shared with CryptoSlate.

Broader timeframes price low single-digit probabilities: the year-end contract “Will Trump resign in 2025?” traded near 6%, while “Trump removed via 25th Amendment in 2025?” sat near 7%.

Amid a near-record low approval rate of 44% and a -7.6% net approval, a separate contract resolves on Trump’s polling floor, “How low will Trump’s approval rating go in 2025?,” priced a 40% approval or lower outcome at about 19%, with resolution tied to Nate Silver’s Silver Bulletin aggregator.

Market rules frame why odds cluster at the low end.

The resignation market pays out on an announcement alone by Dec. 31, 2025, irrespective of the effective date, per Polymarket’s rule set for the 2025 resignation contract.

Removal via the 25th requires a successful Section 4 process, meaning a Cabinet determination sustained by two-thirds of both chambers, per the 25th Amendment market. The approval market resolves to the green trend line published by Silver Bulletin.

Trading flurry follows online speculation about Trump’s health.

The White House disclosed on July 17 that the president was diagnosed with chronic venous insufficiency after leg swelling, with testing ruling out deep-vein thrombosis and cardiac issues, per an official physician memorandum posted by The White House.

Viral claims that Trump has “six to eight months to live” have been surfacing online based on “internet doctors’” assessment of the bruises on his hands. However, on Monday, Trump was reportedly photographed golfing near Washington, D.C., which added a fresh data point against “missing from public view” narratives, as People reported from the press pool.

In odd timing (for those indulging in conspiracy theory), VP J.D. Vance recently asserted that he is ready to be President should anything happen to Trump. Some have also claimed the images of Trump from this weekend are either a lookalike, fake, old, or show the president in very frail shape.

By 2 P.M. today, much of the social media weekend Zeitgeist will be solved, and millions will be paid out to those betting on the outcome via crypto’s always-present Polymarket prediction markets.

Rumor-driven markets can move fast, then mean-revert when new reporting lands. Today’s setup centers on the Oval Office announcement window and whether it alters the information environment that underpins these contracts.

Until that catalyst arrives, Polymarket’s same-day resignation line remains priced as a tail event, and the year-end resignation and removal contracts trade in the single digits.

Mentioned in this article

Argentina’s opposition parties have revived a stalled investigation into President Javier Milei’s role in the LIBRA scandal, seizing on new corruption allegations that have rattled the government just weeks before October’s elections.

The commission, first created in April but largely paralyzed by bureaucratic and congressional hurdles, was reactivated on Aug. 28 after leaked recordings implicated Milei and his sister Karina in a separate bribery scheme.

The tapes, belonging to former presidential attorney and government official Diego Spagnuolo, contained claims of cash-for-favors dealings. Spagnuolo later admitted the recordings were authentic.

Public backlash fuels probe

The scandal has triggered a wave of public anger. On Wednesday, protesters hurled lettuce and rubbish at Milei during a public appearance, an act that drew headlines across the country.

While no injuries were reported, the incident highlights mounting unrest against the president’s administration. The fresh controversy has given the LIBRA probe new momentum. It had lost traction after Milei dissolved its initial task force in May.

The LIBRA affair centers on allegations of insider trading and a pump-and-dump scheme tied to the digital token, a case prosecutors say may have involved Argentina’s highest levels of power.

Maximiliano Ferraro, a legislator from the Civic Coalition ARI and head of the new investigative body, said the commission intends to establish whether misconduct occurred. Ferraro said the investigation was reignited because questions remain over whether insider trading took place.

Political stakes ahead of elections

Five opposition parties, representing 136 of the Chamber of Deputies’ 257 lawmakers, voted to reopen the case despite pushback from Milei’s allies.

The commission set a reporting deadline of Nov. 10, weeks after Argentines head to the polls.

The inquiry adds to the mounting challenges facing Milei as he navigates a presidency already strained by economic turmoil and growing discontent. The combination of corruption scandals and revived investigations could weigh heavily on his political future.

While the LIBRA scandal has shaken Argentina’s crypto community, the broader allegations of bribery and abuse of power have struck a deeper chord with the public. With elections looming, the outcome of the investigation, and its political fallout, remains uncertain.

Mentioned in this article

The former US House of Representatives Speaker, Kevin McCarthy, is warning that the national debt is nearing a crisis situation.

In a new interview on CNBC’s Squawk Box, the Republican politician says that the next US president will have to start reducing government spending as borrowing continues to soar, threatening the dollar’s global dominance.

The US debt just ballooned by more than $519 billion between July 3rd and July 28th, reaching a total of more than $36.8 trillion.

“Your real question is, how do you keep the dollar the world currency? I think the more that we go in and sanction we’re pushing countries to learn to go around the dollar. I think President Trump has done a very smart move against the BRICS, what they were trying to do. But it all comes down to debt. That’s why debt is our greatest threat to America, and you cannot avoid it any longer.”

McCarthy says that if the next president doesn’t materially address the debt, then significant safety net programs like Social Security may face deep cuts.

“The next President is going to have the debt crisis… and the challenge is, if you look in the past, the Democrats had the ‘Blue Dog.’ Those were Democrats who cared about debt. They’re no longer there. No one in Congress has been elected saying they’re going to balance the budget. The country has to be educated on this, and Congress is going to have to act, because Social Security in the next administration is either going to take a 24% cut or [it will] do something about it.”

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Author

Tim Alper

Author

Tim Alper

About Author

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked…

Share

Last updated: 

July 30, 2025

South Korean prosecutors probing the former President Yoon Suk-yeol and the former First Lady Kim Keon-hee have interrogated the suspected crypto fraudster Jon Bur Kim (real surname Park).

Park, a crypto market maker and luxury sports car collector, has been indicted for crypto fraud. Prosecutors think he issued and manipulated two so-called “scam coins,” and manipulated their prices by issuing fake news about the tokens.

However, prosecutors earlier this month established a possible link between Park’s case and that of the former First Lady.

Kim Keon-hee is accused of peddling influence, stock manipulation, and other corruption-related charges.

Former President Yoon: Arrest Warrant Incoming?

Prosecutors are investigating Kim Keon-hee along with Yoon, who failed in a bid to declare martial law in South Korea in early December last year.

The former President was later impeached. He has since been charged with various corruption-related offences.

But Former President Yoon has twice refused to respond to court summons requests. This has led prosecution officials to consider requesting an arrest warrant.

Yonhap reported that the probe has also expanded to Yoon and Kim’s associates. The South Korean news agency wrote that the special prosecution team is believed to be investigating the former senior prosecutor Kim Sang-min.

Prosecutors believe Kim Sang-min may have “received illicit money” from the chief suspect in a crypto fraud case.

Media outlets assume that this is Park, who is accused of embezzling 80.9 billion won ($58.1 million) worth of investors’ money.

Prosecutors think that Park gave Kim Sang-min money to pay for motor vehicle rental fees. Kim Sang-min then allegedly used this money to pay for the vehicles as he attempted to win the People Power Party nomination for the Changwon Uichang district seat ahead of the April 10 legislative election last year.

Kim Sang-min was ultimately unsuccessful in his bid, and was eliminated during the primaries. But prosecution officials appear to think that Kim Keon-hee used her influence to help him run.

Rug Pull Suspect Summoned

The latest development appears to confirm reports from earlier this month. These claimed that the special prosecution team had asked to see the Park/scam coin case files.

Prosecutors think that Park and a CEO surnamed Moon stole hundreds of billions of won. They think the duo issued and listed a suspected scam coin named Atube in 2021.

They have also accused Park of masterminding a rug pull scam for a token named Podo Coin, also in 2021.

The Financial Times today reported that President Trump is preparing to sign an executive order that allows him to invest in alternative assets such as gold, private equity and cryptocurrencies such as Bitcoin.

“Donald Trump is preparing to open up the 9-ton US retirement market for cryptocurrency investments, gold and private equity amid a move that drives fundamental changes in the way American savings are managed,” the Financial Times reported.

The order is expected this week, according to the Financial Times, and directs federal regulators to eliminate barriers that prevent these non-traditional investments from being included in managed funds. This includes digital assets, metals, private loans, infrastructure transactions and corporate acquisition funds.

“President Trump is committed to restoring the prosperity of everyday Americans and protecting the future of the economy,” the White House said in a statement from the financial era. “However, unless they come from President Trump himself, the decision should not be considered official.”

Trump’s move is based on his administration’s previous efforts to ease Bitcoin and crypto regulations. In May, the Labor Department overturned rules that discouraged Bitcoin and other codes in its retirement plans. Trump also praised the industry for passing recent Bitcoin and other crypto-related bills in the House, helping him win the 2024 election.

The executive order could benefit major private investment companies such as Blackstone, Apollo and BlackRock, reported by the Financial Times. All of this holds a lot of future growth into investing money on behalf of retirement savings.

“Blackstone has attacked its partnership with Vanguard, but Apollo and the Partner Group are one of the companies offering investments in Empowerment, a massive 401K Plan sponsor.

Mary-Catherine Lader, President and COO of Uniswap Labs, has stepped down after four years leading the development company behind one of the most prominent decentralized exchanges (DEX).

A former BlackRock executive, Lader joined Uniswap in 2021 to help bridge traditional finance and decentralized protocols.

During her tenure, Uniswap Labs expanded the protocol’s reach across multiple blockchains, launched its own mobile wallet, and matured into an infrastructure provider relied on by institutions, developers, and retail users alike. A successor has not been named.

Her exit also comes at a time when Uniswap’s regulatory standing has stabilized after facing multiple challenges over the past year.

In April 2024, the company received a Wells notice from the U.S. Securities and Exchange Commission (SEC), signaling potential enforcement action over alleged unregistered broker and exchange activity.

Later, in September 2024, Uniswap Labs settled with the CFTC, agreeing to pay a $175,000 fine for illegally offering leveraged digital asset derivatives through its interface, specifically, tokenized products that the agency deemed margined commodity contracts.

Since then, the broader U.S. policy environment has shifted. Under President Donald Trump, the White House has thrown its support behind crypto via the GENIUS Act, a proposed national bitcoin reserve, and calls for “clear and simple” regulatory frameworks.

Trump has described himself as the “crypto president,” and Congressional momentum is building around market structure legislation. Lader departs with Uniswap standing strong, anchored by over $5.3 billion in total value locked, according to DeFi Llama.