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Trump Aims to Turn US into ‘Crypto Capital’

August 30, 2024
Trump Aims to Turn US into 'Crypto Capital'

Republican candidate for US presidential election Donald Trump

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On Thursday, former President Donald Trump announced plans to transform the United States into the “crypto capital of the planet,” while promoting his family’s new crypto platform, “World Liberty Financial,” previously known as “The DeFiant Ones.”

In a social media post, Trump declared, “This afternoon, I’m laying out my plan to ensure that the United States will be the crypto capital of the planet,” vowing to protect the industry from being stifled by regulatory challenges.

World Liberty Financial, supported by sons Eric and Donald Trump Jr., has already garnered nearly 30,000 followers on Twitter. While details about the platform’s purpose remain scarce, it is described as a family-led initiative aimed at revolutionizing finance.

Donald Trump Jr. highlighted the appeal of decentralized finance, citing the challenges faced by those who have been “de-banked.” Eric Trump also expressed enthusiasm for the project, hinting at a new era in finance and mentioning potential links to digital real estate, though the exact scope of the platform’s vision is still unclear.

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