Today in the crypto world: Trump approved the purchase of Bitcoin, Circle Nyse is offered to the public, Steil addressed the Assembly

There was a active day in the crypto markets today. Bryan Steil from the US House of Representatives criticized the addition of irrelevant articles to crypto regulatory laws; Trump Media confirmed that it has increased a 2.5 billion dollar capital for Bitcoin purchase. On the other hand, the company behind USDC Stablecoin officially announced the public offering application at the New York Stock Exchange (NYSE).

🏛️ Steil: “Unrelated additions to crypto laws should not be made”

Speaking to Cointelegraph at the Bitcoin 2025 Conference, Bryan Steil targeted political initiatives that prevent the progress of two major crypto arrangements:

“If a bill is going to progress, those who want to attach indifferent substances. We must give up this habit, Ste Steil said.

“Texts are directly focused on the regulation system. Discussions about Trump are unrelated to the essence of these regulations.”

Steil, especially Stablecoin regulation and crypto market structure laws, will begin at the end of July, the congress should be spent before the break, he said.

🟧 Bitcoin move from Trump Media: 2.5 billion dollars of purchase approved

Trump Media and Technology Group (TMTG) announced that it has recently reached a capital increase of 2.5 billion dollars by verifying the Bitcoin purchase news it has recently denied.

🔸 1.5 billion dollars of stock sales

🔸 1 billion dollars 0% coupon ratio convertible bond

This investment will be completed on May 29th. DEVİN NUNES, CEO of TMTG, said in a statement:

“Bitcoin is the peak tool of financial freedom. We see our company as a strategic being to protect against pressure and discrimination.”

TMTG also reacted strongly to the news of Financial Times:

“Apparently, the authors of the Financial Times rely on bad sources.”

This investment, which was seen in parallel with Bukle’s statement of BTC profit of BUKE last week, embodies Trump’s increasing interest in crypto.

🪙 Circle behind USDC is offered to the public in NYSE

Stablecoin giant Circle officially launched the public offering process on May 27, with a statement to the SEC.

🔹 9.6 million shares will be sold directly by the company

🔹 14.4 million shares will be presented by existing investors

🔹 Stock Code: CRCL (NYSE)

Among the main banks carrying out the public offering:

JPMorgan, Citigroup, Goldman Sachs, Barclays, Deutsche Bank, Societe General

In the coordinator:

There are players such as Bny Capital, Canaccord, Oppenheimer, Santander.

This is seen as an important part of USDC’s effort to increase market confidence and transparent Circle’s global regulation compatibility.

📊 Overview

Event effect area, the prominent institution:

Bryan Steil Description Legal Regulation, US House of Representatives

Trump Media BTC purchase, corporate Bitcoin investment TMTG

Circle IPO announcement financial public offering, NYSE, SEC