Trump family crypto firm granted conditional approval to establish a bank
The plan has sparked criticism from Democrats, who argue that granting bank status to a business affiliated with the Trump family poses a conflict of interest.
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The plan has sparked criticism from Democrats, who argue that granting bank status to a business affiliated with the Trump family poses a conflict of interest.
While many Americans are still baffled by cryptocurrency, enthusiasm for these digital assets is growing — despite the potential risks of integrating digital currencies with the mainstream economy — in part due to support coming from the White House.
Under a new executive order signed by President Trump, workers could add higher-risk assets like cryptocurrencies to their 401(k)s.
Merchants can opt into the cryptocurrency system, called "Pay with Crypto," in the coming weeks, according to PayPal.
President Trump's media company is diving deeper into cryptocurrencies as the price of bitcoin soars.
President Trump signed the country's first major legislation aimed at regulating cryptocurrency on Friday, hailing "the exciting new frontier" for the technology.
The GENIUS Act is the first major crypto legislation ever passed by Congress.
Senators Elizabeth Warren and Jeff Merkley asked for details on a multibillion-dollar transaction between the Trump family's crypto venture and a pool of investors that includes foreign nationals.
Vice President JD Vance spoke at the Bitcoin 2025 Conference in Las Vegas, as the Trump administration has leaned into cryptocurrency.
Former President Donald Trump, who once called bitcoin "a scam," is now pitching himself as the pro-crypto presidential candidate. So what's fueling this change and how is the crypto industry reacting?
With the deal, the trading platform will become a competitor to larger crypto trading firms like Binance and Coinbase.
The 12-second execution of the alleged theft took months to plan, federal prosecutors said.
The peace and quiet of rural Bono, Arkansas, has been shattered by a loud and incessant mechanical buzzing sound created by a bitcoin mine. Residents are HODL.
Craig Wright has for eight years claimed he was the man behind "Satoshi Nakamoto," the mysterious pseudonym masking the identity of the creator of bitcoin.
The value of bitcoin has climbed $25,000 since the start of the year, fueled by growing demand among mainstream investors.
The world's largest cryptocurrency exchange platform admits it did not take appropriate steps to prevent money laundering on its site.
In a move that may have looked like a late April Fools joke, users checking Twitter this week found the familiar bird logo was replaced with an internet-famous dog.
Sam Bankman-Fried now faces 13 federal charges, including allegations he offered millions in bribes to a Chinese official.
The Securities and Exchange Commission announced charges against crypto entrepreneur Justin Sun and celebrity backers of his crypto asset companies Tronix and BitTorrent.
People duped by the complex scheme say they were lured by misleading advertising and, in many cases, trusted acquaintances who'd been fooled themselves.
Former Celtics player agreed to $1.4 million in penalties after pushing a crypto token he was paid to promote.
Criminals with ties to North Korea helped create "the biggest year ever for crypto hacking" in 2022, according to Chainalysis.
The new chairman of the House Financial Services Committee said on "The Takeout" this week that Bankman-Fried has "proven himself to be untrustworthy by his actions," and "no word he utters should be believed."
They also seized 55.27 million shares of Robinhood stock currently valued at about $526 million.
Crypto trading exchange is eliminating 20% of its workforce, its second round of layoffs in recent months.
The first self-driving taxis have launched in London. Uber has 15 vehicles operating in the city with a required supervisor in the car. CBS News' Leigh Kiniry took an autonomous ride with Wayve co-founder and CEO Alex Kendall, whose AI technology is powering the robotaxis in London's iconic Westminster.
New York City Public Schools is banning the use of artificial intelligence in most classrooms for the next year. New York City Councilman Eric Dinowitz joins with more.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
The federal government will shift into using artificial intelligence in the interview process for some job applicants in the coming days, according to U.S. officials.
The FBI is investigating a recent hack that put more than 150 million U.S. and Canadian driver's license scans for sale online. Chris Krebs, former director of the Cybersecurity and Infrastructure Security Agency joins with more.
ZDNet Editor-in-Chief Jason Hiner explains best practices for setup and success of smart home security systems.
New York City is imposing a one-year moratorium on the use of AI in public school classrooms from 2-K through eighth grade. Kelly Clancy, founder and lead organizer of Parents for AI Caution in Educational Spaces, shares her thoughts.
New York City Mayor Zohran Mamdani announced a 1-year moratorium on the use of AI in elementary and middle school classrooms on Wednesday. Danielle Giunta, first deputy chancellor of NYC public schools, joins "The Daily Report" to discuss.
More lawsuits have been filed against OpenAI in connection with February's deadly mass school shooting in Canada that took the lives of five students and a teacher. CBS News legal contributor Jessica Levinson breaks down the case.
The wildfire, which has torn through Palo Pinto and Jack counties, has forced evacuations, closed roads and disrupted schools.
It wasn't immediately clear what charges Sanchez was pleading guilty to, but he is facing a felony battery charge and several misdemeanors, including unlawful entry of a motor vehicle and public intoxication.
The Missouri Supreme Court has blocked a new House map backed by President Trump from being used in the November election, a setback in Republicans' efforts to pick up an additional House seat.
This year's 9/11 memorial service will be Zohran Mamdani's first as mayor of New York City.
Chinese cars can collect and send consumer and vehicle data to Beijing, U.S. automaker group warns in calling for a ban on sales.
Chinese cars can collect and send consumer and vehicle data to Beijing, U.S. automaker group warns in calling for a ban on sales.
"Diesel is just a couple of ticks away from hitting a new record," one energy expert said. "That will happen."
The agency told a woman that she has 30 days to pay it back. Otherwise, it would cut her benefits by 50% while it collects what it overpaid.
The recalled candy, sold under the brand "Crystal Temptations," was distributed in 13 states.
Job cuts around the U.S. have declined this year even amid signs that hiring is weakening.
President Trump has named Adam Telle as the acting Army secretary, following the departure of Dan Driscoll amid widespread reports of tensions with Defense Secretary Pete Hegseth.
A federal prosecutor in Minnesota who was investigating an ICE officer for possible civil rights crimes has been fired, four sources familiar with the matter told CBS News.
President Trump agreed to commute the rest of former Philadelphia labor leader Johnny Doc's prison sentence, his lawyer says.
FBI Deputy Director Christopher Raia says the bureau is turning to artificial intelligence as a tool to identify threats and act on them faster.
The Missouri Supreme Court has blocked a new House map backed by President Trump from being used in the November election, a setback in Republicans' efforts to pick up an additional House seat.
Lindsay Clancy's case is resonating with moms across the U.S. — bringing into focus the spectrum of perinatal mood and anxiety disorders and the lack of resources for many women.
Dr. Temeka Zore, a double board-certified OB-GYN and fertility specialist, joined "Healthful" for a deep dive on all things fertility, from endometriosis to PMOS (formerly known as PCOS) to egg freezing.
The true cost of "vertical integration": Patients directed to a higher-priced location for procedures. Or forced to buy from their insurer's wholly owned pharmacy, which may not stock the drug prescribed or provide it at the lowest price.
The White House said the agreements will reduce costs to treat Parkinson's disease, macular degeneration, glaucoma, liver disease and other illnesses.
Marc Gaudisosi thought his symptoms were caused by a sinus infection. Then an urgent care told him to go to the hospital.
The Justice Department is planning to try to use a legal regime last used during the Spanish-American War to speed up the seizure of ships and their cargo during the Iran conflict.
A new forecast predicts with almost 100% certainty that El Niño will remain in place until early 2027, peaking later this year.
The U.S. military intercepted and sank a vessel that was allegedly being used to support at-sea drug trafficking by the Ecuadorian criminal organization Los Choneros, officials said.
Former Venezuelan President Nicolás Maduro and his wife asked a judge to toss their drug trafficking indictment on the grounds that they have immunity as the leader and first lady of a foreign country.
The Pentagon says "Operation Epic Fury" ended on May 5, after an Air Force email last month told service members to stop using the name for ongoing Iran operations.
"Shark Tank" judge and KIND Snacks founder Daniel Lubetzky joins "CBS Mornings" to discuss his new podcast, "Build or Break," where he sits down with fellow entrepreneurs and industry disruptors.
Gloria Steinem, a feminist icon and a pioneer in the women's liberation movement, has died at 92. CBS News' Jarred Hill looks back at her historic career.
Adria Arjona sits down with "CBS Mornings" to discuss her new movie, "Onslaught," and working with Michael B. Jordan on "The Thomas Crown Affair."
Jason Isbell, Guy Forsyth and other musicians filed a class action lawsuit against Suno, claiming the AI platform used their music to train its model without permission. Jo Ling Kent has more.
Danielle Brooks sits down with "CBS Mornings" to talk about her new movie, "If I Go Will They Miss Me," and how being a mother and wife helped her in portraying the role.
The first self-driving taxis have launched in London. Uber has 15 vehicles operating in the city with a required supervisor in the car. CBS News' Leigh Kiniry took an autonomous ride with Wayve co-founder and CEO Alex Kendall, whose AI technology is powering the robotaxis in London's iconic Westminster.
New York City Public Schools is banning the use of artificial intelligence in most classrooms for the next year. New York City Councilman Eric Dinowitz joins with more.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
The federal government will shift into using artificial intelligence in the interview process for some job applicants in the coming days, according to U.S. officials.
The FBI is investigating a recent hack that put more than 150 million U.S. and Canadian driver's license scans for sale online. Chris Krebs, former director of the Cybersecurity and Infrastructure Security Agency joins with more.
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
President Trump agreed to commute the rest of former Philadelphia labor leader Johnny Doc's prison sentence, his lawyer says.
The Lindsay Clancy murder trial has sparked complicated conversations around motherhood, postpartum and mental health. Women's rights attorney Gloria Allred joins CBS News to discuss the case.
FBI Deputy Director Christopher Raia says the bureau is turning to artificial intelligence as a tool to identify threats and act on them faster.
Two people were killed, and several others were wounded, in a shootout with police in Minneapolis on Wednesday. The suspected gunman was also killed. Jonah Kaplan reports on the details.
Warning: Disturbing footage. Newly released video shows the moments after a woman fatally shot a man over a parking spot outside a Walmart. The Broward County State Attorney said they released the video to explain their decision not to charge her. Jason Allen has more details.
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Large chunks of debris crashed through underground basements during the 9/11 attacks. 60 Minutes visited several months afterwards, when an exhausting and dangerous cleanup effort was underway.
The Lindsay Clancy murder trial has sparked complicated conversations around motherhood, postpartum and mental health. Women's rights attorney Gloria Allred joins CBS News to discuss the case.
Gloria Steinem, a journalist and trailblazer of the women's liberation movement, has died at 92, her foundation announced Thursday. Women's rights attorney Gloria Allred joins CBS News to discuss Steinem's impact on the world.
Tiramisu is one of the most popular desserts in the world, and in Italy, the 10th annual World Cup of Tiramisu is a real competition seeking judges. Tony Dokoupil has the story.
Labor Day travelers are set to face gas prices over $4 a gallon this year. Clint Henderson, managing editor of The Points Guys, shares his best tips for planning an affordable trip.