StableCoins are enjoying a moment in American policy circles as the Senate has just passed a regulation bill with major bilateral numbers. As contacted at that moment, President Donald Trump and his family clearly removed about 20% of their stake in the original company that controls the World Liberty Financial, a crypto business that includes his own stabelcoin.
DT Marks Defi LLC is a company that is now about 40% of the holding company on WLFI, according to the first 60%, Legal revelations in the lower part of the platform websiteDT Marx Defee “Donald J. is a unit associated with Trump and some members of his family,” it says.
Trump’s crypto deals are widespread and allegedly received millions of dollars directly, at least, but he has played a role in the debate on digital assets regulations in the US.
Despite the complaints of corruption from MPs like Senator Elizabeth Warren, Richard BluMental and Chris Murphy, and argues that it is unfair for the President to take a hand in the regulation of his own business, in the advancement of the bill, the world’s reserve of Liberty Financial is released, which is in custody.
While Trump’s political colleagues and his administration claim that their commercial relations are transparent, the family’s crypto behavior remains Merky, without full revelations of the business stakes of individual members, including the President. It is still not clear what the family can be with the specific ownership or management participation with the World Liberty Financial.
Representatives of WLFI and Trump’s commercial interests did not immediately respond to the requests of comment from coindesk.
And their growing relationships for Crypto do not end there. Trump attracted the wholesale of recent criticism to host a private dinner for leading investors in his individual memecoin, many of which were foreign nationals and became unknown to the public. Once the crypto scaptic has sold several rounds of non-fangbal tokens (NFT); His media company announced this year that it was increasing by $ 2.5 billion to create a bitcoin treasury; And son Eric is helping to run a new bitcoin mining enterprise. There are some corners of the industry, the President does not have close ties.
Read more: Trump’s empire was drawn in $ 57m from the Crypto firm attached to the family last year, showing the show
