{"id":12907,"date":"2024-09-13T18:07:46","date_gmt":"2024-09-13T18:07:46","guid":{"rendered":"http:\/\/medexperts.pro\/?p=12907"},"modified":"2024-09-13T18:23:53","modified_gmt":"2024-09-13T18:23:53","slug":"donald-trump-prepares-to-unveil-world-liberty-financial-a-cryptocurrency-business","status":"publish","type":"post","link":"https:\/\/medexperts.pro\/?p=12907","title":{"rendered":"Donald Trump Prepares to Unveil World Liberty Financial, a Cryptocurrency Business"},"content":{"rendered":"<div><\/div>\n<p id=\"article-summary\" class=\"css-79rysd e1wiw3jv0\">Mr. Trump said he would introduce the project on Monday, continuing his embrace of the crypto industry, a major source of political donations.<\/p>\n<section class=\"meteredContent css-1r7ky0e\">\n<div class=\"css-s99gbd StoryBodyCompanionColumn\" data-testid=\"companionColumn-0\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Former President Donald J. Trump said on Thursday that he was preparing to unveil a new cryptocurrency business, as his presidential campaign aggressively courts the multibillion-dollar crypto industry in the run-up to November\u2019s election.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">In a video <a class=\"css-yywogo\" href=\"https:\/\/x.com\/realDonaldTrump\/status\/1834311432982135015?s=19\" title rel=\"noopener noreferrer\" target=\"_blank\">posted<\/a> on X, Mr. Trump said he would introduce the crypto platform, World Liberty Financial, in a livestream at 8 p.m. on Monday. \u201cWe\u2019re embracing the future with crypto, and leaving the slow and outdated big banks behind,\u201d he said.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The announcement was light on details and did not explain the extent of his connection to the project. Two of his sons, Eric Trump and Donald Trump Jr., have promoted World Liberty Financial in recent weeks, <a class=\"css-yywogo\" href=\"https:\/\/x.com\/DonaldJTrumpJr\/status\/1826598601897742600?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1826598601897742600%7Ctwgr%5E5ffa26046a232628fdb54510f85da7c22a11f9c8%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.coindesk.com%2Fbusiness%2F2024%2F09%2F03%2Finside-the-trump-crypto-project-linked-to-a-2m-defi-hack-and-former-pick-up-artist%2F\" title rel=\"noopener noreferrer\" target=\"_blank\">posting<\/a> <a class=\"css-yywogo\" href=\"https:\/\/x.com\/EricTrump\/status\/1828933866662572229\" title rel=\"noopener noreferrer\" target=\"_blank\">links<\/a> to a channel on the <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/09\/07\/technology\/telegram-crime-terrorism.html\" title>messaging app Telegram<\/a> that provides updates on the project.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">A post on World Liberty Financial\u2019s Telegram channel on Thursday said Mr. Trump would appear on the livestream from Mar-a-Lago, his country club in Palm Beach, Fla. \u201cGet ready as we unveil our plan to Make Finance Great Again,\u201d the post said.<\/p>\n<\/div>\n<\/div>\n<div data-testid=\"Dropzone-1\"><\/div>\n<div class=\"css-s99gbd StoryBodyCompanionColumn\" data-testid=\"companionColumn-1\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">It\u2019s unusual for presidential candidates to start new businesses in the middle of a campaign, and Mr. Trump\u2019s business interests have raised concerns about conflicts of interest throughout his political career. He also owns a large stake in <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/09\/11\/us\/politics\/trump-media-stock-truth-social-debate.html\" title>Trump Media &amp; Technology Group<\/a>, the parent company of the conservative social media platform Truth Social. The company\u2019s stock has plunged in recent weeks, reducing the value of his stake by billions of dollars.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">World Liberty Financial is Mr. Trump\u2019s latest effort to ingratiate himself with the crypto industry. On the campaign trail, he has vowed to end a crackdown on the industry by the U.S. government, which has pushed for stricter regulations on digital currencies. In July, Mr. Trump spoke at the annual Bitcoin conference in Nashville, one of the largest crypto gatherings of the year, promising to make the United States \u201cthe crypto capital of the planet.\u201d<\/p>\n<div class=\"css-1336jj\">\n<div class=\"css-121kum4\">\n<div class=\"css-171d1bw\"><\/div>\n<div class=\"css-asuuk5\">\n<div class=\"css-7axq9l\" data-testid=\"optimistic-truncator-noscript\">\n<div data-testid=\"optimistic-truncator-noscript-message\" class=\"css-6yo1no\">\n<p class=\"css-3kpklk\">We are having trouble retrieving the article content.<\/p>\n<p class=\"css-3kpklk\">Please enable JavaScript in your browser settings.<\/p>\n<\/div>\n<\/div>\n<div class=\"css-1dv1kvn\" id=\"optimistic-truncator-a11y\">\n<hr \/>\n<p>Thank you for your patience while we verify access. If you are in Reader mode please exit and\u00a0<a href=\"https:\/\/myaccount.nytimes.com\/auth\/login?response_type=cookie&amp;client_id=vi&amp;redirect_uri=https%3A%2F%2Fwww.nytimes.com%2F2024%2F09%2F13%2Ftechnology%2Fdonald-trump-cryptocurrency-business.html&amp;asset=opttrunc\">log into<\/a>\u00a0your Times account, or\u00a0<a href=\"https:\/\/www.nytimes.com\/subscription?campaignId=89WYR&amp;redirect_uri=https%3A%2F%2Fwww.nytimes.com%2F2024%2F09%2F13%2Ftechnology%2Fdonald-trump-cryptocurrency-business.html\">subscribe<\/a>\u00a0for all of The Times.<\/p>\n<hr \/>\n<\/div>\n<div class=\"css-1g71tqy\">\n<div data-testid=\"optimistic-truncator-message\" class=\"css-6yo1no\">\n<p class=\"css-3kpklk\">Thank you for your patience while we verify access.<\/p>\n<p class=\"css-3kpklk\">Already a subscriber?\u00a0<a data-testid=\"log-in-link\" class=\"css-z5ryv4\" href=\"https:\/\/myaccount.nytimes.com\/auth\/login?response_type=cookie&amp;client_id=vi&amp;redirect_uri=https%3A%2F%2Fwww.nytimes.com%2F2024%2F09%2F13%2Ftechnology%2Fdonald-trump-cryptocurrency-business.html&amp;asset=opttrunc\">Log in<\/a>.<\/p>\n<p class=\"css-3kpklk\">Want all of The Times?\u00a0<a data-testid=\"subscribe-link\" class=\"css-z5ryv4\" href=\"https:\/\/www.nytimes.com\/subscription?campaignId=89WYR&amp;redirect_uri=https%3A%2F%2Fwww.nytimes.com%2F2024%2F09%2F13%2Ftechnology%2Fdonald-trump-cryptocurrency-business.html\">Subscribe<\/a>.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Mr. Trump said he would introduce the project on Monday, continuing his embrace of the crypto industry, a major source of political donations.Former President Donald J. Trump said on Thursday that he was preparing to unveil a new cryptocurrency business, as his presidential campaign aggressively courts the multibillion-dollar crypto industry in the run-up to November\u2019s election.In a video posted on X, Mr. Trump said he would introduce the crypto platform, World Liberty Financial, in a livestream at 8 p.m. on Monday. \u201cWe\u2019re embracing the future with crypto, and leaving the slow and outdated big banks behind,\u201d he said.The announcement was light on details and did not explain the extent of his connection to the project. Two of his sons, Eric Trump and Donald Trump Jr., have promoted World Liberty Financial in recent weeks, posting links to a channel on the messaging app Telegram that provides updates on the project.A post on World Liberty Financial\u2019s Telegram channel on Thursday said Mr. Trump would appear on the livestream from Mar-a-Lago, his country club in Palm Beach, Fla. \u201cGet ready as we unveil our plan to Make Finance Great Again,\u201d the post said.It\u2019s unusual for presidential candidates to start new businesses in the middle of a campaign, and Mr. Trump\u2019s business interests have raised concerns about conflicts of interest throughout his political career. He also owns a large stake in Trump Media &#038; Technology Group, the parent company of the conservative social media platform Truth Social. The company\u2019s stock has plunged in recent weeks, reducing the value of his stake by billions of dollars.World Liberty Financial is Mr. Trump\u2019s latest effort to ingratiate himself with the crypto industry. On the campaign trail, he has vowed to end a crackdown on the industry by the U.S. government, which has pushed for stricter regulations on digital currencies. In July, Mr. Trump spoke at the annual Bitcoin conference in Nashville, one of the largest crypto gatherings of the year, promising to make the United States \u201cthe crypto capital of the planet.\u201dWe are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and\u00a0log into\u00a0your Times account, or\u00a0subscribe\u00a0for all of The Times.Thank you for your patience while we verify access.Already a subscriber?\u00a0Log in.Want all of The Times?\u00a0Subscribe.<\/p>\n","protected":false},"author":1,"featured_media":12909,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-12907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/12907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12907"}],"version-history":[{"count":2,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/12907\/revisions"}],"predecessor-version":[{"id":12910,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/12907\/revisions\/12910"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/media\/12909"}],"wp:attachment":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}