US Home Democrats, led by Californian Consultant Ro Khanna, have launched an investigation right into a UAE royal family-linked entity’s US$500 million funding into Trump-owned DeFi venture, World Liberty Monetary (WLFI). Khanna wrote to WLFI CEO, Zach Witkoff, looking for details about the deal together with what precisely the UAEContinue Reading
Home lawmakers confronted Scott Bessent over Treasury oversight and conflicts linked to a Trump-backed crypto agency. Democrats known as for a pause on WLFI’s financial institution constitution following revelations of a serious international stake. Bessent rejected claims the Treasury can assist Bitcoin markets or deploy taxpayer funds. US Treasury SecretaryContinue Reading
Sheikh Tahnoon secretly purchased 49% of World Liberty Monetary for $500 million in January 2025, simply days earlier than the inauguration. The deal gave G42 executives board seats and preceded a serious coverage shift permitting the UAE to buy 500,000 restricted US AI chips yearly. World Liberty just lately launchedContinue Reading
World Liberty Monetary launched World Liberty Markets, an on-chain lending platform that enables customers to borrow or provide belongings like Ether and Bitcoin for yield. The information comes shortly after WLF utilized for a nationwide belief financial institution constitution with the US OCC to help the institutional use of itsContinue Reading
Alt5 Sigma appointed its third auditor in two months after firing a earlier agency that reportedly lacked a sound license to observe. The corporate faces a Nasdaq delisting threat for lacking monetary deadlines whereas coping with the fallout of a subsidiary’s cash laundering conviction in Rwanda. Regardless of the interiorContinue Reading
Binance is reportedly contemplating lowering co-founder Changpeng “CZ” Zhao’s majority stake to resolve regulatory hurdles that stop the change from increasing into key US states. The corporate is exploring strategic partnerships with U.S. companies like BlackRock and the Trump-linked World Liberty Monetary (WLFI) to strengthen its home market place. HypothesisContinue Reading
Binance CEO Richard Teng rejected allegations that the change promoted the Trump-affiliated stablecoin USD1 to assist safe a presidential pardon for former CEO Changpeng “CZ” Zhao. Teng claimed that the MGX funding in Binance used USD1 on account of MGX’s unbiased resolution, regardless of experiences that Binance helped construct theContinue Reading
World Liberty Monetary WLFI is airdropping 8.4 million governance tokens to early USD1 factors program customers. The airdrop targets customers who traded USD1 pairs or held USD1 balances throughout six main exchanges. The loyalty program will increase to spice up USD1 utility by way of new buying and selling pairs,Continue Reading
World Liberty Financial, connected to the Trump family, is launching a debit card linked to its USD1 stablecoin that will integrate with Apple Pay for seamless everyday transactions. The WLFI debit card will complement a new retail app combining Venmo-style peer-to-peer payments with Robinhood-like asset trading capabilities on a singleContinue Reading
The Trump family’s collective wealth increased by US$1.3 billion this week, primarily due to the public trading debuts of American Bitcoin (ABTC) and World Liberty Financial (WLFI). The family’s wealth from these ventures is estimated by Bloomberg to be around US$7.7 billion, with WLFI and ABTC contributing US$670 million andContinue Reading
