Campbell Harvey, a finance professor at Duke University, said of Mr. Trump's announcement of World Liberty Financial, a crypto project: "This move is consistent with Trump's pro-cryptocurrency policy stance. It's one thing to say you support crypto, it's another to start a company in this space."
X Spaces, which ran for more than two hours yesterday, did not reveal the specifics of the project or when it would go live, but did say it would issue a digital token, WLFI, which would play a role in business management. But Americans must be certified accredited investors to buy. This time Spaces also touched on a range of other topics, such as stablecoins, tokenization, access to credit and digital payment services.
Ahead of Mr. Trump's X Spaces, the World Liberty Financial white paper named Donald Trump as "chief crypto advocate", Eric Trump and Donald Jr. as "Web3 ambassadors" and Barron Trump, 18, as "chief DeFi visionary". A disclaimer in the filing said the company was "not owned, managed, operated or sold by the Trump family", noting that they could be compensated.
World Liberty Financial white paper names Donald Trump as "chief crypto advocate"
2024-09-18 02:21:13
Duke University Finance Science Professors Campbell Harvey Trump Pu Announce Launchdesk3cryptocurrencydesktopCrypto News
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