US EditionA Look at the Major Players in the Crypto Industry and Their Ties to Trump
- Crypto ventures now account for nearly 40% of the Trump Organization's $2.9 billion net worth, with the president having made over $57 million last year from World Liberty Financial, a stablecoin company.
- World Liberty Financial announced that a UAE investment fund would use $2 billion worth of its stablecoin USD1 to purchase a stake in Binance, the world's largest crypto exchange whose founder was jailed for facilitating financial crimes.
- The Trump campaign received million-dollar donations from crypto entrepreneurs like the Winklevoss twins and Changpeng Zhao, who also met with Eric Trump and was praised by him as a spokesperson for the crypto community.
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17 Articles
17 Articles
All
Left
8
Center
5
Right
Sydney Morning Herald+2 Reposted by 2 other sources
The Genius move that could blow up in America’s face
Donald Trump’s bid to make the US the crypto capital of the world is gaining steam after the passing of a bill in the Senate. But critics say it would introduce a threat to the financial system.
·Sydney, Australia
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Associated Press News+12 Reposted by 12 other sources
A look at the major players in the crypto industry and their ties to Trump
President Donald Trump took office in January pledging to “make America the crypto capital of the world” and has since harnessed wide swaths of the federal government to bolster the industry.
·United States
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Central bankers considered cryptocurrencies a simple nuisance. Trump's entry and the digital Trojan horse of the privatization of the currency first appeared on NODAL.
Coverage Details
Total News Sources17
Leaning Left8Leaning Right0Center5Last UpdatedBias Distribution62% Left
Bias Distribution
- 62% of the sources lean Left
62% Left
L 62%
C 38%
Factuality
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