- Donald Trump acknowledges crypto as a powerful industry.
- Trump believes in crypto and stresses the importance of stringent regulations.
- Trump launches World Liberty Financial, an innovative crypto and DeFi project.
Former U.S. President Donald Trump’s latest involvement in the crypto space comes with the launch of his decentralized finance (DeFi) venture, World Liberty Financial.
With the U.S. presidential election set for November 2024, Trump reaffirmed his positive outlook on crypto at the launch, reaffirming his belief in crypto. He termed the industry as “still young and expanding,” adding cryptocurrency is inevitable and that engagement is essential, regardless of individual views.
On August 25, World Liberty Financial X handle went live with a message, “It’s time to make finance great again!”—a nod to Trump’s campaign slogan. Trump’s sons, Eric and Donald Trump Jr., have also thrown their support behind the project, which they believe could signal the rise of a major crypto initiative.
On September 13, Trump posted a video on X declaring his shift from traditional banking to the crypto world. While details of the venture remain unclear, Do…
The post Trump Backs Crypto With New DeFi Venture, World Liberty Financial appeared first on Coin Edition.
Source: https://coinedition.com/trump-backs-crypto-with-new-defi-venture-world-liberty-financial/