World News
JUST IN: Trump Launches New Cryptocurrency Platform
Donald Trump has announced the launch of a new cryptocurrency venture, World Liberty Financial. The former president, along with his family and associates, unveiled the platform during a live event on X Spaces.
Trump’s announcement came as he discussed a range of topics, including a recent alleged assassination attempt and his evolution from a cryptocurrency skeptic to an advocate. However, details about World Liberty Financial remain sparse, with no information provided on its formation, financing, or specific services.
This move is noteworthy given Trump’s presidential campaign, as it is uncommon for candidates to introduce new businesses so close to an election. With Election Day approaching on November 5, Trump appears to be targeting digital asset enthusiasts and investors.
In recent weeks, Trump’s two eldest sons, Eric and Donald Jr., have been vocal about the project, claiming it will revolutionize the digital asset finance sector. The former president himself has shifted from denouncing cryptocurrencies to endorsing them, promising to position the U.S. as the global “crypto capital” with supportive regulations and a national bitcoin reserve.
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