Trump's new crypto business could create more conflicts if he's elected president

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Donald Trump ニュース

Lara Trump,White House,World Liberty Financial

WASHINGTON (AP) — Donald Trump is promising to make America the “crypto capital of the planet” if he returns to the White House. Fulfilling that promise...

is promising to make America the “crypto capital of the planet” if he returns to the White House. Fulfilling that promise would likely pay off for him personally.

World Liberty Financial is expected to be a borrowing and lending service similar to recently hacked Dough Finance, an app built by four people listed as World Liberty Financial team members, Trump has also talked about subsidizing the use of Bitcoin mining in order to increase energy production and has vowed to block the creation of a Federal Reserve-administered Central Bank Digital Currency — which is a digital form of central bank money that would be available to the public. While it is still in exploration, many crypto advocates oppose a centrally run digital currency.

“The Trump family’s engagement and involvement, and learning what it is that underlies crypto, I think is actually a really positive thing,” he said. Stockton points to the Biden administration as anti-crypto,, no substantive laws have been passed by Congress or written into regulation by the White House.

 

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