When US president Donald Trump picked out a handful of cryptocurrencies for potential inclusion in a national strategic ...

“For far too long the United States has minted pennies which literally cost us more than 2 cents,” Trump posted on his social ...

Trump’s plans for a crypto reserve including bitcoin and XRP drew skepticism from the likes of Coinbase’s billionaire CEO ...

When President Donald Trump announced his intention to eliminate the penny Sunday, he cited the rising cost of producing the coin. Data from the U.S. Treasury shows it’s not the only coin that costs ...

The president isn't the first person to call for an end to the penny, and this issue is deeper than wasteful spending.

President Trump’s plan to ... in part because of rising material costs. Since 2020, it has averaged over $300 million a year in profits from minting common coins, though last year’s profits ...

Read full article: Duval County Public Schools expected to vote Tuesday revising how faculty members communicate with ...

Some of that is attributed to the rise in raw material prices of copper ... congressional approval for every coin it manufactures, according to its website. Trump's Truth Social post followed ...

Rising material costs have affected ... It’s unclear whether Trump has the authority to single-handedly eliminate the coin. The United States hasn’t discontinued a coin since the half-cent ...

FILE - Bitcoin is for sale at an Automated Teller Machine at the Westfield Garden State Plaza shopping mall in Paramus, New Jersey, on Monday, March 13, 2023. (AP Photo/Ted Shaffrey, File) (Ted ...