World Liberty Financial's white paper lists Donald Trump as the "Chief Crypto Advocate."

2024-09-18 10:25:32

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ChainCatcher news, Duke University finance professor Campbell Harvey commented on Trump's announcement of the cryptocurrency project World Liberty Financial, stating: "This move is consistent with Trump's policy stance in support of cryptocurrencies. Saying you support crypto is one thing; establishing a company in this space is another."

The X Spaces session yesterday lasted over two hours but did not reveal specific details about the project or when it would launch. However, it did indicate that a digital token, WLFI, would be issued, which will play a role in business management. But Americans must be verified accredited investors to purchase it. This Spaces session also covered a range of other topics, such as stablecoins, tokenization, obtaining credit, and digital payment services.

Before Trump held this X Spaces, the World Liberty Financial white paper listed Donald Trump as the "Chief Crypto Advocate," Eric Trump and Don Jr. as "Web3 Ambassadors," and 18-year-old Barron Trump as the "Chief DeFi Visionary." A disclaimer in the document states that the company "is not owned, managed, operated, or sold by the Trump family," while noting that they may receive compensation.

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